Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Joe announces that he will hire STEVE for $100,000 / year for a job doing accounting work...knowing that Steve will rely on that and give

Joe announces that he will hire STEVE for $100,000 / year for a job doing accounting work...knowing that Steve will rely on that and give up his present job. STEVE, relying on that, as expected, gives up his old job and comes back to Joe to accept the new job but before he can..Joe says "sorry no job.". Since no actual acceptance. Will the Court enforce a Contract even if the offer is revoked here before accepted? If so, state the legal basis including Formation classification type

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

Business Law Today The Essentials Text and Summarized Cases

Authors: Roger LeRoy Miller

11th edition

1305644522, 9781305856530, 1305574796, 9781305644526, 1305856538, 978-1305574793

More Books

Students also viewed these Law questions

Question

1. Avoid long-winded statements or nagging.

Answered: 1 week ago

Question

How can Trip 7 prevent future supply chain uncertainties?

Answered: 1 week ago

Question

1. Information that is currently accessible (recognition).

Answered: 1 week ago