Question
6.Clemens, a real estate developer, made an offer to the Bank of Bennington to have the bank provide construction financing for the development of an
6.Clemens, a real estate developer, made an offer to the Bank of Bennington to have the bank provide construction financing for the development of an outlet mall, with funds to be provided at prime rate plus 2 percentage points. The bank's president thanked Clemens and said: "I will start the paperwork." Did Clemens have a contract with the Bank of Bennington? Why or why not?
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Essentials of Business Law and the Legal Environment
Authors: Richard A. Mann, Barry S. Roberts
9th edition
324303957, 324303955, 978-0324303957
