Question
Leno Computers manufactures tablet computers for sale to retailers such as Fallon Electronics. Recently, Leno sold and delivered 200 tablet computers to Fallon for $20,000
Leno Computers manufactures tablet computers for sale to retailers such as Fallon Electronics. Recently, Leno
sold and delivered 200 tablet computers to Fallon for $20,000 on January 5, 2017. Fallon has agreed to pay for the 200 tablet computers
within 30 days. Fallon has a good credit rating and should have no difficulty in making payment to Leno. (a) Explain
whether a valid contract exists between Leno Computers and Fallon Electronics. (b) Assuming that Leno Computers has not yet
delivered the tablet computers to Fallon Electronics, what might cause a valid contract not to exist between Leno and Fallon?
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Auditing Information And Cyber Security Governance
Authors: Robert E Davis
1st Edition
1000416089, 9781000416084
