Question
47. Braden has put up an advertisement to sell his Business Law textbook, for $75, on a bulletin board outside The Grove on the NSC
47. Braden has put up an advertisement to sell his Business Law textbook,
for $75, on a bulletin board outside The Grove on the NSC campus.
Gavin meets up with Braden and makes the following statement to
Braden: "I am thinking of buying your Bus Law textbook, but it would need
to be for a lower price - I am thinking about $60." Braden says: "I accept."
Gavin says: "Not so fast - I am not sure I want your book yet." Braden
says: "You just bought it! Better hand over your money now, or I will take
you to court!" What is the status of this negotiationjQuery22402597731074424512_1557096943837
a. Gavin made a valid offer to Braden. Braden accepted it, so now they
have an agreement. Assuming the other elements of a contract are there,
Braden can enforce this in court.
b. Gavin's statement was too vague to be a valid offer. Therefore
Braden's attempted "acceptance" will not be effective, and there is no
contract that could be enforced in court.
c. There was nothing in writing, so the court would not enforce this as a
contract anyway.
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