QuickHelper

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

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  • Corportae Manager
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Category > Management Posted 23 Oct 2017 My Price 7.00

Write a 700- to 1,050-word paper analyzing

I need a help with this problem.

Sara, a wholesale fruit merchant: "Feb. 1, off 1,000 boxes of Los Angeles, San Gabriel oranges, at $10.60 per box, F.OB. Los Angeles: March delivery. Unless I receive your acceptance by 2 P.M. on Feb. 4, I will dispose of them elsewhere. ( Signed Sara)." Sara's letter was received by Bud on Feb. 2, at 3 P.M.

 At 1 P.M. on Feb. 2, Sara mailed Bud the following letter. " I regret to inform you that I'm compelled to withdraw my offer dated Feb. 3.

 Meanwhile at 5 P.M. on Feb 2, Bud mailed the following letter to Sara: "I accept your offer date Feb. 1. (Signed Bud)." Because of a severe snowstorm, which disrupted all means of communication, Bud's letter was not delivered to Sara until 4 P.M. on Feb. 4.

 

(a) is there a contract between Sara and Bud? Explain.

(b) Assume that the words "Unless I receive your acceptance by 2 P.M. on Feb 4, I will dispose of them elsewhere" were not included in Sara's Feb. 1 letter to Bud. Is there a contract between Sara and Bud? Explain.

 

I did this problem but I'm not sure if I did right. 

Answers

QuickHelper
(10)
Status NEW Posted 23 Oct 2017 05:10 PM My Price 7.00

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