Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Susan manufactures robots for the farming industry. She makes 2 farming robot models, TM1 and TM2, which are primarily programmed to pick up eggs. Susan
Susan manufactures robots for the farming industry. She makes 2 farming robot models, TM1 and TM2, which are primarily programmed to pick up eggs. Susan wanted to generate some publicity for her business, so on Thursday, she put an advert in the Farm News, a news publication circulated widely amongst farmer in the area. The advertisement was intended for the TM1 robot and stated as follows: 'Special offer: One technologically advanced TM1 robot will be sold to the first person who comes to my factory on Monday and makes an offer of $50,000 for it written on an egg-shell'. Carl runs a free-range egg farm and needed a new robot to collect eggs. On Friday, he emailed Susan an offer of $60,000 for TM1. He stated that he needed it to replace his broken robot. Susan immediately accepted Carl's offer and sent the TM1 robot to him straight away. On the following Monday morning, Razwana was the first person to attend Susan's factory. She presented her offer of $50,000 written on an egg-shell. However, Susan told Razwana that her offer was too late since the TM1 robot had already been sold to Carl. Later that week, Jacob made an enquiry
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