This topic contains a solution. Click here to go to the answer

Author Question: Franz bought two front-row tickets to a sold-out concert. Unfortunately, a week before the concert, ... (Read 45 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
Franz bought two front-row tickets to a sold-out concert. Unfortunately, a week before the concert, he found out he had to go on a business trip and would miss the concert. He offered his co-worker, Joe, the tickets for 80% of the full price, offer to remain open until 10:00 p.m. on December 15. Indicate to Joe which of the following is true with regard to the law of offer and acceptance.
◦ A letter of acceptance is always effective when it is dropped in the mailbox.
◦ If Franz sells to someone else, it is too late for Joe to accept the original offer.
◦ To create a contract, an offer must be in writing.
◦ If Joe makes a counter-offer of 50% of the full price, and Franz rejects the counter-offer, Joe can still accept the original offer.
◦ Franz could revoke the offer at any time before acceptance, even before 10:00 p.m. on December 15.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by FButt on Aug 7, 2021

sokh

  • Sr. Member
  • ****
  • Posts: 357
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




FButt

  • Member
  • Posts: 519
Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Excellent

 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library