| 
  • If you are citizen of an European Union member nation, you may not use this service unless you are at least 16 years old.

  • Social distancing? Try a better way to work remotely on your online files. Dokkio, a new product from PBworks, can help your team find, organize, and collaborate on your Drive, Gmail, Dropbox, Box, and Slack files. Sign up for free.

View
 

offer

Page history last edited by PBworks 12 years, 6 months ago

Chapter 11 Case Problem - Offer and Acceptance 11-11 page 240 WBL 10e  

 

Ball writes Sullivan and inquires how much Sullivan is asking for a specific forty-acre tract of land Sullivan owns. In a letter received by Ball, Sullivan states, "I will not take less than $60,000, for the forty acres tract as specified". Ball immediately sends Sullivan a telegram stating " I accept your firm offer for $60,000 for the forty-acre tract as specified". Discuss whether Ball can hold Sullivan to a contract for the sale of the land. Quote the rules of your textbook which you think applies to this question.

 

Comments (0)

You don't have permission to comment on this page.