
Jack mails an offer to Joan that states,"I offer to sell you my car for $2000.If I don't hear from you in 10 days,I will assume you are willing to buy the car for the stated price." Jack hears nothing by the deadline and assumes he has a deal.What is the result?
A) Jack has a deal.His offer was intended and contains definite terms.
B) Jack has a deal.Joan should have responded saying she is not interested in the car if she didn't want to be bound to the offer.
C) Joan is not bound.Generally silence or inaction is not acceptance.
D) Joan is not bound.Ten days is not a reasonable amount of time to consider the offer and accept by mail.
Correct Answer:
Verified
Q21: Acme Co.offers to buy 1000 widgets from
Q22: Hensley and Boyer have been negotiating for
Q25: A seller's form clearly states no warranty
Q29: David and George have a contract wherein
Q31: Travel Lust offered to sell 10 round-trip
Q38: Bob signed an agreement with Joe under
Q39: In which case is the offer still
Q39: Elias offered to sell his computer to
Q40: If Morales and Rolfes Supply negotiate for
Q40: On January 8,Quastrar,Inc.sent Hylavian Company a letter
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents