Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jeffrey inherited an antique grandfather clock from his uncle. After some preliminary negotiation, on 20 March 2021 Jeffrey sent a fax to his friend, Khairy

Jeffrey inherited an antique grandfather clock from his uncle. After some preliminary negotiation, on 20 March 2021 Jeffrey sent a fax to his friend, Khairy offering to sell the antique clock to Khairy for RM180,000.00. Jeffrey promised to keep the offer open for a week until 27 March 2021 for Khairy to think about it. Khairy only saw and read the fax on22 March 2021. Then on 25 March 2021, Derick, Jeffrey'sfriend, telephoned Khairy and informed him that Jeffrey had sold the antique clock to him the day before for RM200,000.00. Khairy immediately on the same day itself sent a fax to Jeffrey acceptingJeffrey's offer to buy his antique clock for RM180,000.00.Jeffrey only saw the fax andread Khairy's acceptance on 28 March 2021.

  1. Advise Khairy whether there was a valid contract between him and Jeffrey.
  2. identify the issue

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

Step: 3

blur-text-image

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

The Bluebook A Uniform System Of Citation

Authors: Harvard Law Review, Columbia Law Review, Yale Law Review

21st Edition

0578666154, 978-0578666150

More Books

Students also viewed these Law questions

Question

2. What do the others in the network want to achieve?

Answered: 1 week ago

Question

1. What do I want to achieve?

Answered: 1 week ago