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

Author Question: Mayer wrote Jackson and offered to sell Jackson a building for 50,000. The offer stated it would ... (Read 113 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Mayer wrote Jackson and offered to sell Jackson a building for 50,000. The offer stated it would expire 30 days from July 1, 2010. Mayer changed his mind and does not wish to be bound by his offer. If a legal dispute arises between the parties regarding whether there has been a valid acceptance of the offer, which of the following is correct?
 A)The offer cannot be legally withdrawn for the stated period of time.
 B)The offer will not expire prior to the 30 days even if Mayer sells the property to a third person and notifies Jackson.
 C)If Jackson phoned Mayer on August 1 and accepted the offer, it would create a contract, provided he had no notice of the withdrawal of the offer.
 D)If Jackson categorically rejects the offer on July 10, Jackson cannot validly accept within the remaining stated period of time.

Question 2

Widespread use of instruments of credit appeared as international trade began to flourish in the wake of the Crusades.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vkodali

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

D

Answer to Question 2

TRUE




craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 24, 2018
Wow, this really help


adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library