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 120 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 A)The offer cannot be legally withdrawn for the stated period of time.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
Excellent


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library