QuickHelper

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Teaching Since: May 2017
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    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
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Category > Management Posted 06 Oct 2017 My Price 6.00

Scenario: Ned, a used car dealer, made a verbal offer on Monday to sell a 2014

Scenario:  Ned, a used car dealer, made a verbal offer on Monday to sell a 2014 Toyota to Sandy for $15,000.   Sandy told Ned she was very interested in the car but wanted to think about it and review her finances.  Sandy asked Ned to hold the offer open until Thursday.   Ned stated he would hold the offer open until Thursday and not sell the car until he heard from Sandy.  

On Thursday morning, Sandy telephoned Ned and left a voicemail message stating, “I accept your offer to buy the Toyota for $15,000.  I will come to the dealership tomorrow to complete the sale.”  

On Wednesday, Ned had sold the 2014 Toyota to Rusty for $15,200.

Ned informed Sandy he had sold the Toyota to someone else on Wednesday.   

Sandy sued Ned for breach of contract. 

What would you decide if you were the judge in this case?  

Answers

QuickHelper
(10)
Status NEW Posted 06 Oct 2017 12:10 PM My Price 6.00

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