On November 23, Blackburn, a dress manufacturer, mailed to Conroy a written and signed offer to sell
Question:
On November 23, Blackburn, a dress manufacturer, mailed to Conroy a written and signed offer to sell one thousand sun dresses at $50 per dress. The offer stated that it would “remain open for ten days” and that it could “not be withdrawn prior to that date.”
Two days later, Blackburn, noting a sudden increase in the price of sundresses, changed his mind. Blackburn therefore sent Conroy a letter revoking the offer. The letter was sent on November 25 and received by Conroy on November 28.
Conroy chose to disregard the letter of November 25;
instead, she happily continued to watch the price of sundresses rise. On December 1, Conroy sent a letter accepting the original offer. The letter, however, was not received by Blackburn until December 9, due to a delay in the mail.
Conroy has demanded delivery of the goods according to the terms of the offer of November 23, but Blackburn has refused. Does a contract exist between Conroy and Blackburn?
Explain.
Step by Step Answer:
Essentials Of Business Law And The Legal Environment
ISBN: 9781337555180
13th Edition
Authors: Richard A Mann, Barry S Roberts