QuickHelper

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    Phoniex
    Jul-2007 - Jun-2012

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Category > Management Posted 03 Oct 2017 My Price 7.00

Please use legal reasoning (FIRAC) to respond to this assignment Sequent

Please use legal reasoning (FIRAC) to respond to this assignment

Sequent Products makes washing machines. Over the phone, Sequent offers to sell Treadwater Appliance Outlet one hundred model fx2013 washers at a price of $150 per unit. Sequent says that it will keep the offer open for thirty days. Treadwater responds that within two or three weeks it will decide whether to accept. One week later, Sequent e-mails, and Treadwater receives, notice that the offer is withdrawn. Treadwater immediately phones Sequent to accept the $150-per-unit offer. When Sequent refuses to deliver at that price, Treadwater files a suit. Sequent asserts, first, that there is no contract and, second, that if there is a contract, it is unenforceable.

Facts

1.

2.

3.

Issue:

Whether Sequent’s telephone offer was a Merchant’s Firm Offer when it promised to keep the offer open for 30 days. 

Rule:

Merchant’s Firm Offer

  1. Merchant 
  2. Makes an offer
  3. Available for a specified period of time
  4. In writing
  5. Is irrevocable

Analysis:

  1. Merchant 

Sequent manufactures washing machines so is a merchant

  1. Makes an offer

Sequent made an offer to Treadwater of $150 per unit

  1. Available for a specified period of time

Sequent committed to keeping the offer open for 30 days

4.  In writing

Sequent made the offer by telephone

5.  Is irrevocable

As there was no writing this offer was not a “Merchant’s Firm Offer.”

Conclusion:

Whether Sequent’s telephone offer was NOT a Merchant’s Firm Offer when it promised to keep the offer open for 30 days.

Answers

QuickHelper
(10)
Status NEW Posted 03 Oct 2017 06:10 PM My Price 7.00

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