Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On Monday, Gary sent an email to Luis offering to sell his Playstation 5 (PS5) for $900. Luis replied (in another email) that he needed

On Monday, Gary sent an email to Luis offering to sell his Playstation 5 (PS5) for $900. Luis replied (in another email) that he needed some time as he is waiting to be paid from his Monash College teaching. Gary, replied "don't worry - let me know by Thursday 6.00 pm. I'll keep the offer open until then" On Wednesday, Gary sold the PS5 to Andrew. On Thursday morning, Luis has been paid for his teaching work at Monash College, and, in a state of great excitement, calls Gary. Before Gary can tell Luis the PS5 has been sold to Andrew, Luis accepts the offer in these words "Gary, I accept - assuming you will also include a second controller!" Gary then informs him that he has sold the PS5 to Andrew. Luis is shocked. He drives straight to your office and asks if Gary can do that. Please advise him. In your advice, indicate whether: 1. Gary's promise that he would keep the offer open until Thursday at 6.00 pm is enforceable. 2. Assuming the offer is open on Thursday, indicate whether Luis's acceptance is valid.

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

Researching The Law Finding What You Need When You Need It

Authors: Amy E. Sloan

3rd Edition

1543813364, 978-1543813364

More Books

Students also viewed these Law questions

Question

What are the main components of the fraud risk assessment process?

Answered: 1 week ago

Question

Python program to get Current Time ( 1 point ) ?

Answered: 1 week ago

Question

What are the objectives of job evaluation ?

Answered: 1 week ago

Question

Write a note on job design.

Answered: 1 week ago

Question

Compute the derivative of f(x)cos(-4/5x)

Answered: 1 week ago

Question

Discuss the process involved in selection.

Answered: 1 week ago

Question

6. How can hidden knowledge guide our actions?

Answered: 1 week ago

Question

7. How can the models we use have a detrimental effect on others?

Answered: 1 week ago