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Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
Edition 7ISBN: 978-1305633612Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
Edition 7ISBN: 978-1305633612 Exercise 1
Frank, an accountant, says to Missy, "I'll sell you my laptop for $100." Missy asks, "Will you give me until tomorrow to make up my mind?" "Sure," Frank replies. Which of the following is true? (a) Frank cannot revoke his offer, no matter what.
(b) Frank cannot revoke his offer, but only if Missy pays him to keep the offer open until tomorrow.
(c) Frank can revoke his offer no matter what, because he is not a merchant.
(d) Frank can revoke his offer no matter what, because he did not promise Missy anything in writing.
(b) Frank cannot revoke his offer, but only if Missy pays him to keep the offer open until tomorrow.
(c) Frank can revoke his offer no matter what, because he is not a merchant.
(d) Frank can revoke his offer no matter what, because he did not promise Missy anything in writing.
Explanation
Verified
Verified
Therefore,...
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
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