Family Video made a written offer to buy out Home Folks lease because it wanted to purchase
Question:
Family Video made a written offer to buy out Home Folks’ lease because it wanted to purchase and open a video store on the property on which Home Folks operated a restaurant. Over four months went by and Home Folks’ operators did not sign the offer. The property was destroyed by fire and then Home Folks signed the offer and attempted to accept. Did Home Folks and Family Video have an enforceable contract?
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No The court held that Family Videos offe...View the full answer
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Related Book For 
Business Law The Ethical Global and E-Commerce Environment
ISBN: 978-1259917110
17th edition
Authors: Arlen Langvardt, A. James Barnes, Jamie Darin Prenkert, Martin A. McCrory
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