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Kevin Has Been Offered the Position of Vice-President by the Earnest

Question 69

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Kevin has been offered the position of vice-president by the Earnest Group Pvt. Ltd. at their head office in Washington
D.C. Earnest Group has also offered to provide Kevin and his family with a house, and an annual salary of $100,000. Kevin replied stating that he would accept the offer if the company would pay him an annual salary of $150,000, and relocation expenses. Analyze the agreements between the parties.
Kevin and Earnest Group have not created a contract yet. Kevin has not accepted the offer but has made a counteroffer when he asked Earnest an annual salary of $150,000 and relocation expenses. Hence, Earnest's original offer is now terminated. For a contract to exist, the offeree has to express acceptance. If Earnest accepts Kevin's counteroffer, the contract would be valid.

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Kevin and Earnest Group have not created...

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