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7.) Pinder made an offer to Young as follows: I offer to sell you 150 shares of U.S. Steel. It closed yesterday at $170. If

7.) Pinder made an offer to Young as follows: "I offer to sell you 150 shares of U.S. Steel. It

closed yesterday at $170. If you will buy 10 shares at that price I will give you 20 days to decide

whether you want to buy the balance at the same price." Young agreed, and paid Pinder for 10

shares. Three days later the price of U.S. Steel went up to $195. Young decided to buy the other

140 shares, but when he called Pinder's office, he learned that Pinder had been killed in an

automobile accident just a few moments before he called. Two weeks later, Young notified

Pinder's executor of his acceptance. The executor claims that the offer to sell the remaining 140

shares was revoked by Pinder's death. Is he correct? Explain.

8.)

On March 2, 1911, Fredericks, a wholesaler in eggs, telegraphed Stevens, a farmer: "Am in

the market for 10,000 dozen white leghorn eggs at 20 cents a dozen, delivery to be on March 7,

next. Will buy all that you have of that kind on hand at present time, provided not more than 3

days old, up to 10,000 dozen." Stevens, without replying, on March 6 shipped 5,000 dozen white

leghorn eggs, which arrived on March 7. Fredericks immediately notified Stevens that he had

purchased all his eggs elsewhere. Stevens sold the eggs to Johnson and took a 5 cents loss per

dozen. He now sues Fredericks for $250, alleging breach of contract. Judgment for whom and

why?

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