Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

David is negotiating with Elsa for a used iPhone 8 she has advertised for sale. Elsa advertised the phone for $300. David inspected the phone

David is negotiating with Elsa for a used iPhone 8 she has advertised for sale. Elsa advertised the phone for $300. David inspected the phone and offered by telephone to buy it for $250. Elsa replied that $250 was too low and said anything below $280 was non-negotiable. David contended that the price was not reasonable and asked for more time to consider.

Thirty minutes later he phoned Elsa saying that he had changed his mind and agreed to pay $280. However, Elsa replied that the price was reverted to $300.

Advise both David and Elsa of their legal position

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_2

Step: 3

blur-text-image_3

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 Business Law and Its Environment

Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge

9th edition

1285427041, 978-1285427041

More Books

Students also viewed these Law questions

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago

Question

Get married, do not wait for me

Answered: 1 week ago