Author Question: On June 15, Peters orally offered to sell a used lawn mower to Mason for 125 . Peters specified that ... (Read 98 times)

Starlight · **on:** Jun 24, 2018

On June 15, Peters orally offered to sell a used lawn mower to Mason for 125 . Peters specified that Mason had until June 20 to accept the offer. On June 16, Peters received an offer to purchase the lawn mower for 150 from Bronson, Mason's neighbor. Peters accepted Bronson's offer. On June 17, Mason saw Bronson using the lawn mower and was told the mower had been sold to Bronson. Mason immediately wrote to Peters to accept the June 15 offer. Which of the following statements is correct?
a. Mason's acceptance would be effective when received by Peters.
b. Mason's acceptance would be effective when mailed.
c. Peters's offer had been revoked and Mason's acceptance was ineffective.
d. Peters was obligated to keep the June 15 offer open until June 20 (Law, 13, 3095).

Question 2

The EPA is authorized to regulate air pollution by the Clean Air Act of 1970 and its 1977 and 1990 amendments.
a. True
b. False
Indicate whether the statement is true or false