Jane Linden is negotiating with James Paul to buy his 2012 Mini-Cooper. The following excerpts from letters have occurred so far: Jane: "I would be interested in purchasing your Mini-Cooper." James: "I am thinking of selling my Mini-Cooper." Jane: "I am considering selling my diamond tennis bracelet to buy your Mini-Cooper." Which of the following statements is true? a. James and Jane do not have a contract to sell the Mini-Cooper. b. James and Jane have a contract to sell the Mini-Cooper.

Question

Jamar Blanchard

Social Studies

31 July, 01:29

Jane Linden is negotiating with James Paul to buy his 2012 Mini-Cooper. The following excerpts from letters have occurred so far: Jane: "I would be interested in purchasing your Mini-Cooper." James: "I am thinking of selling my Mini-Cooper." Jane: "I am considering selling my diamond tennis bracelet to buy your Mini-Cooper." Which of the following statements is true? a. James and Jane do not have a contract to sell the Mini-Cooper. b. James and Jane have a contract to sell the Mini-Cooper.

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Answers (1)

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Pooch · Answer 1

Out of the given statements, the true statement is Jane and James do not have a contract to sell the Mini-Cooper.

Explanation:

The colloquy that is described taking place between Jane and James sounds like being in the most primary stage of the probable deal. Only after James and Jane reach the common ground of agreeing to pay for and sell the 2012 Mini Cooper, they would proceed to enter a legal contract. The contract would bind both the involved parties to pay the predetermined amount and sell the object of the deal.