Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mike sends an offer to Jane via mail on July 1, 2006.Jane receives the offer on July 4, 2006.Mike sends a revocation of the offer
Mike sends an offer to Jane via mail on July 1, 2006.Jane receives the offer on July 4, 2006.Mike sends a revocation of the offer in the mail on July 3, 2006 that is received by Jane on July 6, 2006.Jane sends an acceptance on July 5, 2006.Mike receives the acceptance on July 7, 2006.Assuming all of the above facts are true, is there a contract?(1 pt).Explain why or why not.
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