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Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 18
Floyd, who lived in New York City, wrote a letter to Okcum in New Mexico offering to buy a piece of real property that was for sale. On receipt of the letter, Okcum mailed an answer accepting the offer. After the letter was sent, Okcum changed his mind and sent a telegram rejecting the offer. The telegram and the letter reached Floyd at the same time. Did a contract result?
Explanation
Verified
Verified
Issue:
If an acceptance and a rejection...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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