This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: On November 1, 2015, Sam made an offer to Bobby by mail for the sale of his mobile home lot at ... (Read 85 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jun 24, 2018
On November 1, 2015, Sam made an offer to Bobby by mail for the sale of his mobile home lot at 14,000. Sam's offer included the following: Acceptance must be by Federal Express no later than 10:30 a.m. on November 5, 2015. Bobby accepted the offer by mail on November 4. The acceptance arrived at 8 a.m. on November 5.
 A)Sam and Bobby do not have a contract
 B)Sam and Bobby had a contract as of November 4
 C)Sam and Bobby had a contract as of November 5
 D)Bobby's acceptance is effective as of 10:30 a.m. on November 5 as long as Sam hasn't revoked the offer

Question 2

If the choice of whether an instrument is payable in either cash or goods is left up to the holder, the instrument is not negotiable.
  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

princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
Excellent

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

A hair is an array of many α-keratin filaments, made up of the substructures A hair is an array of many α-keratin filaments, made up of the substructures
Rise of the mobile phone Rise of the mobile phone
Mobile Theme Mobile Theme
The offspring of the microchip—from computers to cell phones—offer access to vast information ... The offspring of the microchip—from computers to cell phones—offer access to vast information ...
A technician-made adapter used to test exhaust system back pressure. A technician-made adapter used to test exhaust system back pressure.
Sabrina's Fabric Land bought $5,000 of equipment at the beginning of 2015. Amortization ... Sabrina's Fabric Land bought $5,000 of equipment at the beginning of 2015. Amortization ...
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library