Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A intended to sell a plane to B. In his offer, A stated Confirm sale of a plane. Please send 5000 pounds by telegraphic transfer.

A intended to sell a plane to B. In his offer, A stated "Confirm sale of a plane. Please send 5000 pounds by telegraphic transfer." B emailed back "Confirm purchase of your plane, change of method of payment to L/C, other terms and conditions the same." A did not reply and sold the plane to another buyer at a higher price. Disagreement occurred between the two parties on whether the contract was concluded effectively. Was the contract concluded? Why?

trade experts

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

Step: 3

blur-text-image

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

International Management Culture, Strategy and Behavior

Authors: Fred Luthans, Jonathan Doh

10th edition

1259705072, 1259705076, 978-1259705076

More Books

Students also viewed these Economics questions

Question

13. Give four examples of psychological Maginot lines.

Answered: 1 week ago