4. Jane offers to sell her bed for $250. Terri counter offers $199 for the bed. Jane does not

accept. Terri decides to buy the bed for $250. Janes refuse to sell the bed to Terri.

Using IRAC, determine whether Terri has accepted Janes offer.

ISSUE:

RULE:

APPLICATION:

CONCLUSION:

5. Jimmy has a contract with Gwen to purchase a car for $4200. Gwen is to pay in

installments for 6 months in the amount of $700. Gwen paid the first three months when

the car engine light came on. The mechanic told that it would cost $1400 to fix the car.

Gwen wrote a check to Jimmy for $700 and wrote paid in full. Jimmy cashed the check

but demanded the rest of his money. Jimmy sued Gwen for the rest of his money. Using

IRAC determine whether Gwen breached the contract.

ISSUE:

RULE:

APPLICATION:

CONCLUSION: