Question
1. On September 2, Neighbor Car Sales, a used-car dealer, wrote a letter to Randolph, which stated, We have a 2003 Malibu Chevy in mint
1. On September 2, Neighbor Car Sales, a used-car dealer, wrote a letter to Randolph, which stated, We have a 2003 Malibu Chevy in mint condition that we will sell you for $22,500 at any time before October 2. [Signed] Neighbor Car Sales. By September 15, having heard nothing from Randolph, Neighbor Car Sales sold the Malibu to another party. On September 25, Randolph told Neighbor Car Sales that he accepted the offer and tendered $22,500. When Neighbor Car Sales told Randolph it had sold the car to another party, Randolph claimed Neighbor Car Sales had breached their contract. State whether Neighbor Car Sales is in breach of their contract by stating and defining the law that is found in Chapter 20 of the textbook. Apply the law to the facts and state your conclusion.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started