Consider the following sequences of offers and acceptances and determine whether there would be a contract in
Question:
a. September 1, 2014: A mails an offer to B. September 2, 2014: B receives the offer. September 3, 2014: A mails a revocation. September 4, 2014: B mails an acceptance. September 5, 2014: B receives the revocation. September 6, 2014: A receives the acceptance. RESULT: ___________________________________
b. September 1, 2014: A mails an offer to B. September 2, 2014: B receives the offer. September 3, 2014: B wires an acceptance. September 4, 2014: B wires a rejection. September 4, 2014 (later): A receives the acceptance. September 5, 2014: A receives the rejection. RESULT: ___________________________________
c. September 1, 2014: A mails an offer to B. September 2, 2014: B receives the offer. September 3, 2014: A wires a revocation. September 3, 2014: B wires an acceptance. September 4, 2014: B receives the revocation. September 5, 2014: A receives the acceptance. RESULT: ___________________________________
Would your answers be different under the UCC than under common law?
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Related Book For
Foundations of the Legal Environment of Business
ISBN: 978-1305117457
3rd edition
Authors: Marianne M. Jennings
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