Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Philip offers to sell a used computer to Cameron for $600. Cameron says, I just can't pay $600, but I am willing to pay $400.

Philip offers to sell a used computer to Cameron for $600. Cameron says,

"I just can't pay $600, but I am willing to pay $400." Cameron's statement

is:

A) revocation of an offer

B) counteroffer

C) option contract

D) puffing

E) none of the above

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

International Business Law And Its Environment

Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge

10th Edition

1305972597, 978-1305972599

More Books

Students also viewed these Law questions

Question

Explain the characteristics of a good system of control

Answered: 1 week ago

Question

State the importance of control

Answered: 1 week ago

Question

What are the functions of top management?

Answered: 1 week ago

Question

Bring out the limitations of planning.

Answered: 1 week ago