Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Acme Toy Company offers to sell Costco 10,000 dolls at a certain price. The offer, which is signed by Acme's President, is and certain
The Acme Toy Company offers to sell Costco 10,000 dolls at a certain price. The offer, which is signed by Acme's President, is and certain as to all material terms. The offer also states that it will remain open for four months, but does not require any consideration in support of this promise. Acme revokes the offer 100 days after it was made. Is this revocation effective? Would your answer change if Acme revoked 80 days after the offer was made?
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