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 66 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
:D TYSM

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

A tamed cheetah offered as tribute to the King of Thebes (1700 B.C.) A tamed cheetah offered as tribute to the King of Thebes (1700 B.C.)
Frequently Used Computer Terms Frequently Used Computer Terms
In early industrialization, children worked alongside adults. They worked 12 hours a day Monday to ... In early industrialization, children worked alongside adults. They worked 12 hours a day Monday to ...
When checking a waste spark-type ignition system, check that the secondary wires are attached to the ... When checking a waste spark-type ignition system, check that the secondary wires are attached to the ...
Jump Right In: Essential Computer Skills Using Microsoft Office 2013 (2nd Edition) Jump Right In: Essential Computer Skills Using Microsoft Office 2013 (2nd Edition)
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Glucose anabolism reactions: Glycogenolysis and Gluconeogenesis

For a complete list of videos, visit our video library