Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2:03 Which of the following would NOT constitute a valid acceptance by Patrick of an offer made by Lydia? Lydia sends a fax message to

image text in transcribed
2:03 Which of the following would NOT constitute a valid acceptance by Patrick of an offer made by Lydia? Lydia sends a fax message to Patrick, offering to sell him her antique dining table and six chairs for 2,000, and asking him to reply by fax by 5 pm the same day. Later that day, Patrick sends Lydia a fax message at 4.50 pm, saying that he is prepared to buy the furniture at that price Lydia telephones Patrick asking if he would like to purchase her car for 1000. Patrick agrees to the purchase for a sum of 900, Lydia telephones Patrick, offering to buy Patrick's valuable Persian rug. Patrick says he will think about it. Later that day Patrick telephones Lydia and tells her that he will be happy to sell the rug to her, and that the price is 500 On Monday morning, Lydia sends a letter to Patrick offering to sell her Vauxhall Astra car to him for 1500. Patrick receives the letter on Tuesday morning, and immediately writes back, telling Lydia that he will buy the car for that price In relation to acceptance through instantaneous forms of communication, in which of the following locations have the courts held the contract as being formed? The place where the acceptance is sent. The place where the offeree is based when deciding to accept the offer. The place where the acceptance is received The place where the parties choose to select

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

The Routledge Companion To Accounting And Risk

Authors: Margaret Woods

1st Edition

1138860123, 9781138860124

More Books

Students also viewed these Accounting questions

Question

What is SNMP and RMON?

Answered: 1 week ago