Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A offers to sell B a quantity of ball bearings, using a regular letter to make the offer. This is the customary way of communicating
A offers to sell B a quantity of ball bearings, using a regular letter to make the offer. This is the customary way of communicating offers and acceptances in the ball bearing trade. However, B decides to accept by carrier pigeon--a most unreliable means of acceptance. This time, though, the carrier pigeon delivers the acceptance to A in exactly the same time that it would have taken a letter to arrive. But after the pigeon took off, but before it reached A, A telephoned B to revoke his offer. Is there a contract between A and B?
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