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Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross
Edition 11ISBN: 978-0324655223Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross
Edition 11ISBN: 978-0324655223 Exercise 8
VIDEO QUESTION
Go to this text's Web site at academic.cengage.com/blaw/clarkson and select "Chapter 11." Click on "Video Questions" and view the video titled Offer and Acceptance. Then answer the following questions.
(a) On the video, Vinny indicates that he can't sell his car to Oscar for four thousand dollars and then says, "maybe five...." Discuss whether Vinny has made an offer or a counteroffer.
(b) Oscar then says to Vinny, "Okay, I'll take it. But you gotta let me pay you four thousand now and the other thousand in two weeks." According to the chapter, do Oscar and Vinny have an agreement Why or why not
(c) When Maria later says to Vinny, "I'll take it," has she accepted an offer Why or why not
Go to this text's Web site at academic.cengage.com/blaw/clarkson and select "Chapter 11." Click on "Video Questions" and view the video titled Offer and Acceptance. Then answer the following questions.
(a) On the video, Vinny indicates that he can't sell his car to Oscar for four thousand dollars and then says, "maybe five...." Discuss whether Vinny has made an offer or a counteroffer.
(b) Oscar then says to Vinny, "Okay, I'll take it. But you gotta let me pay you four thousand now and the other thousand in two weeks." According to the chapter, do Oscar and Vinny have an agreement Why or why not
(c) When Maria later says to Vinny, "I'll take it," has she accepted an offer Why or why not
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Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross
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