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I need answers to below question as soon as possible as deadline in with next few hours. Thank you! ==================================================================================================================== Paul Reynolds used the Trek

I need answers to below question as soon as possible as deadline in with next few hours. Thank you!

====================================================================================================================

Paul Reynolds used the Trek website to purchase a racing bike with a frame utilizing a newly developed high-strength but lightweight alloy. He selected the model he wanted and provided the company with the necessary information to place the $2,200 purchase price and $75.00 shipping costs on his Visa card. The bicycle was damaged during shipment when the box was punctured by a forklift truck that was loading other boxes onto the carrier's truck. Paul took the damaged bicycle to a local bicycle dealer to have it repaired. After the bicycle was repaired, but before Paul could pick it up, a clerk in the store, by mistake, sold the bicycle for $1,500 to Melissa Stevenson who bought it as a birthday gift for her boyfriend. This situation raises a number of legal issues that, among others, will be covered in this chapter, including:

  • Can a legally enforceable contract for the sale of goods be formed electronically?
  • Between Paul and Trek, who had the risk of loss or damage to the bicycle during the time it was under shipment to him?
  • Would Paul be entitled to recover possession of the bicycle from Melissa and her boyfriend?
  • Even if Melissa and her boyfriend are not legally required to return the bicycle to Paul, would returning it be the ethical thing to do?

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