Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. I will sell you this bike for $10,000 cash. a.This is a valid offer, but only if it is expressed in writing b.This is

1."I will sell you this bike for $10,000 cash".

a.This is a valid offer, but only if it is expressed in writing

b.This is not a valid offer because it only invites the other party to negotiate

c.This is a valid offer because it expresses a willingness to conclude the deal if the other party agrees to pay the required $10,000

d.This is not a valid offer because it doesn't express the terms with sufficient clarity and definiteness

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law and the Legal Environment

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril

8th edition

1337404667, 1337404662, 9781337404532, 1337404535, 978-1337736954

More Books

Students also viewed these Law questions

Question

=+b) What do you conclude?

Answered: 1 week ago