Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi, can i get help with this please? 3.054 Baker Corporation sent a letter to Sampson Company in which Baker offered to purchase 10 acres

Hi, can i get help with this please?
image text in transcribed
image text in transcribed
image text in transcribed
3.054 Baker Corporation sent a letter to Sampson Company in which Baker offered to purchase 10 acres of certain real estate from Sampson for $4,000. Sampson responded that it would sell 8 of these acres for that price. Baker and Sampson have created a. A contract for sale of 8 acres for $4,000. b. A contract for sale of 10 acres for $4,000. c. A contract to sell 8 acres for $3,200. d. No contract in this connection. 3.092 Unless the offer specifies otherwise, an acceptance is generally effective when it is a. Signed by the offeree. b. Received by the offeror. c. Delivered by the communicating agency. d. Dispatched by the offeree. 11 Payne.entered into a written contract-to-sell.a.parcel.of.land-to-Stevens...At the time the agreement was. executed, Payne had.consumed alcoholic beverages...Payne's ability to understand the nature and terms. of-the-contract.was.not.impaired.-Stevens-did.not believe.Payne was intoxicated. The contract.is: 9 T. a. Void-as-a-matter-of-law1 b. Legally binding.on.both parties 1 C. Voidable.a.Payne's.option d. Voidable at Stevens'.option1

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

Fundamentals Of IT Audit For Operational Auditors

Authors: Timothy McWilliams

1st Edition

1634541332, 978-1634541336

More Books

Students also viewed these Accounting questions