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offer

Page history last edited by PBworks 16 years, 4 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.

 

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