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Author Question: Jed, who lives on Cape Breton Island, needed money for a trip to France. He decided to sell his ... (Read 38 times)

erika

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on: Aug 7, 2021
Jed, who lives on Cape Breton Island, needed money for a trip to France. He decided to sell his electric guitar. On Monday, October 29, he called the owner of a music store in Halifax and offered to sell his Fender Stratocaster guitar for $400, the offer to be open until Friday at noon, November 2. Jed told the store owner to send a letter of acceptance since Jed would be away for a few days. The store owner examined his inventory and mailed a letter of acceptance on Thursday, November 1. When Jed returned home on Saturday, November 3, the letter had not yet arrived, so that afternoon he sold the guitar to a music teacher in his town. The store owner in Halifax sued for breach of contract. Which of the following is true?
◦ The offer lapsed before the store owner accepted.
◦ The letter of acceptance was effective when it was received, and by then Jed had sold the guitar, so there was no contract.
◦ The acceptance was effective before the offer lapsed, so there was a contract between Jed and the store owner.
◦ Sending a letter by mail was not a reasonable method of acceptance.
◦ The offer was revoked before the store owner accepted.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by erika on Aug 7, 2021

emilymalinowski12

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Reply #1 on: Aug 7, 2021
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.
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erika

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Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)

sultana.d

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Reply 3 on: Yesterday
:D TYSM

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