Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question Completion Status: Anne is the owner of a motor vehicle which she wants to sell. She accordingly advertises it for sale in a local
Question Completion Status: Anne is the owner of a motor vehicle which she wants to sell. She accordingly advertises it for sale in a local newspaper, the asking price being R300 000. From the above facts answer the following questions: a. Who can accept the above offer for the sale of the vehicle? (5) b. How can the offer be accepted? (5) c. If Penny accepts the offer to take the vehicle at a price of R200 000, is there a valid contract of sale and what would the price be? (5) (d) If a day or two thereafter Penny comes across another offer, this one made by James, for the sale of a similar vehicle at a price of R100 000, can he pull out of Anne's offer to buy James' vehicle? (5) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt EVE ALL XO BQ ... ay Save and Submit Click Save and Submit to save and submit. Click Save All Answers to save all answers ENG Search
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