During the first week of March the following events happened:
March 1, Fred sent a letter to Barney offering to sell his car for $5000.
March 2, Fred sent Barney a revocation of his offer.
March 3, Barney received the offer.
March 4, Barney sent Fred a rejection of the offer.
March 5, Barney called Fred and accepted the offer.
March 6, Barney received the revocation and Fred received the rejection.
Required:
1. Is there a contract between Fred and Barney?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “During the first week of March the following events happened: March 1, Fred sent a letter to Barney offering to sell his car for $5000. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is an incentive for a person to contribute to an IDA? It earns the highest interest rates available at a bank. It is good for the government. An organization matches the amount deposited. The interest on the account is not taxed.
Answers (1)
Use the following information to determine this company's cash flows from financing activities. Net income was $467,000. Issued common stock for $74,000 cash. Paid cash dividend of $13,000.
Answers (1)
In your research project on tourism, you must collect data before the tourist season ends because the project requires interviewing the tourists. The data-collection activity has which of the following kind of dependency? a. Mandatory b. External c.
Answers (2)
During the year, The Dalton Firm had sales of $3,210,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $2,540,000, $389,000, and $112,000, respectively.
Answers (1)
When entrepreneurs love what they do, this trait is evident. passion dedication self-assurance risk-taking
Answers (1)
New Questions in Business
Are schools officials immune from being sued?
Answers (1)
Assume an asset cost $72,800 and has a current book value of $42,760. The asset is sold today for $32,900 cash. The firm's tax rate is 21 percent. As a result of this sale, the firm's net cash flow: 1. will increase by more than $32,900. 2.
Answers (1)
Can a citizen of a state sue a different state
Answers (1)
If you do not have a Social Security number, you can apply for one. True Or False
Answers (2)
What is the most common workplace for people in the Finance cluster? A) a school B) at home C) an office D) a store
Answers (1)