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The Johnsons decided to sell their summer cabin on Beech Lake. They sent flyers out to all who previously had expressed an interest in
The Johnsons decided to sell their summer cabin on Beech Lake. They sent flyers out to all who previously had expressed an interest in buying the cabin stating that they were planning on selling their cabin. The flyer described the location of the property, the size of the lot, and the price. If one of the recipients responds by sending a letter wanting to purchase the house at the listed price: An agreement will be formed because the first to respond gets the property. An agreement will not be formed because of the parol evidence rule. O An agreement will be formed because the price is included O An agreement will not be formed because the flyer was sent out as an invitation to make an offer. 1 pts John owns a thoroughbred horse named Prince Charming that just ran in the Kentucky Derby. Prince Charming came in last. much to John's frustration and embarrassment. John exclaims in a loud voice, "I'll sell that horse to the first person who hands me $10 bucks!" John has: not made an offer because under the circumstances a reasonable person would not conclude that John had intent to make an offer. O made an acceptance to the first person who can produce $10. made a firm offer and will be bound by his offer for a reasonable period of time. O made an offer to anyone within hearing distance and will be bound by his offer to the first person who produces $10.
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