Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Unit III If Sid says to Pat, I will sell you my laptop for $200, and Chris, who overhears Sid's offer, says, I accept your

Unit III

image text in transcribed
If Sid says to Pat, "I will sell you my laptop for $200," and Chris, who overhears Sid's offer, says, "I accept your offer, and I will buy your laptop for $200," is a contract formed? 0 Yes, unless Pat accepts the offer before Chris accepts the offer. O No, the offer was made to Pat, so only Pat can accept the offer. 0 Yes, an offer can be accepted by anyone who hears the offer. 0 No, Sid's offer is not a valid offer because it does not contain a term specifying when the offer has to be accepted

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Microeconomics Principles, Problems and Policies

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

20th edition

978-0077660819, 77660811, 978-1259450242

Students also viewed these Law questions