This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: On Monday, Sam's Computer Company wires Bob's Computer Mart, I have two IBM XT's for sale for 1700 ... (Read 42 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Jun 24, 2018
On Monday, Sam's Computer Company wires Bob's Computer Mart, I have two IBM XT's for sale for 1700 each. You pay cost of shipping. Bob received the offer on Monday afternoon and wired back, You have a deal. 30 days same as cash. On Tuesday morning Sam called to revoke the offer. On Tuesday afternoon Sam received the wire. Sam says there is no contract and Bob says there is. Who is correct?

Question 2

Russ Belmont is a staff accountant at a bank in the downtown Phoenix area. Belmont commutes to the bank each day from his suburban home in Mesa - a distance of 19 miles each way. Belmont's working hours are 8:00 AM to 5:00 PM and he commutes from 7:15 AM until he reaches the bank's parking garage between 7:45 and 8:00 (depending upon the traffic). If Russ is in an accident while on the freeway at 7:30 AM:
 A) the bank will be liable for any injuries to third parties.
 B) the bank will not be liable for any injuries to third parties.
 C) Belmont is an independent contractor and the bank will have no liability for injuries or damages in the accident.
 D) None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TINA

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 24, 2018
Answer to Question 1

Mailbox rule applies. There was a contract on Monday afternoon when the wire was sent. Between the two merchants, the 30 days additional terms will become part of the contract.

Answer to Question 2

B


Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Color enhanced X-ray showing a pacemaker implanted in the left side of the chest and the electrode w Color enhanced X-ray showing a pacemaker implanted in the left side of the chest and the electrode w
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ... Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
A ring link network reduces the number of wires it takes to interconnect all of the modules. A ring link network reduces the number of wires it takes to interconnect all of the modules.
Checking the 5 volt reference from the computer being applied to the TP sensor with the ignition ... Checking the 5 volt reference from the computer being applied to the TP sensor with the ignition ...
Most stepper motors use four wires, which are pulsed by the computer to rotate the armature in ... Most stepper motors use four wires, which are pulsed by the computer to rotate the armature in ...
A vacuum-operated EGR valve. The vacuum to the EGR valve is computer controlled by the EGR valve ... A vacuum-operated EGR valve. The vacuum to the EGR valve is computer controlled by the EGR valve ...
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library