Answered step by step
Verified Expert Solution
Question
1 Approved Answer
JAN HAS A LAPTOP SHE WISHES TO SELL.SHE OFFERS TO SELL IT TO GAIL FOR $150.DIANE HEARS ABOUT THE OFFER AND INFORMS JAN THAT SHE
JAN HAS A LAPTOP SHE WISHES TO SELL.SHE OFFERS TO SELL IT TO GAIL FOR $150.DIANE HEARS ABOUT THE OFFER AND INFORMS JAN THAT SHE ACCEPTS THE OFFER TO BUY AT $150.WHICH IS CORRECT?
a. THERE WAS NO OFFER BY JAN TO DIANE
b. THE OFFER MUST BE KEPT OPEN FOR 30 DAYS
c. IF GAIL HAD TOLD DIANE OF THE OFFER, THEN THERE WOULD BE A VALID OFFER TO DIANE
d. THIS OFFER IS COVERED BY THE STATUTE OF FRAUDS BECAUSE IT IS PERSONAL PROPERTY
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