Question: Rick is selling his espresso coffee maker. He sends Tamara an e-mail, offering to sell...
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Question: Rick is selling his espresso coffee maker. He sends Tamara an e-mail, offering to sell the machine for $350. Tamara promptly e-mails back, offering to buy the item for $300. She hears nothing from Rick, so an hour later Tamara stops by his apartment, where she learns that he just sold the machine to his roommate for $250. She sues Rick. Outcome? (a) Tamara will win because her offer was higher than the roommate's. (b) Tamara will win because Rick never responded to her offer. (c) Tamara will win because both parties made clear offers, in writing. (d) Tamara will lose because she rejected Rick's offer. (e) Tamara will lose because her offer was not definite. Strategy: A valid contract requires a definite offer and acceptance. Rick made a valid offer. When Tamara said she would buy the machine for a lower amount, was that acceptance? If not, what was it? (See the "Result" at the end of this section.)
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matriculation in science topics; inter in computer science; bachelors in business and information technology
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