On Monday,Sam's Computer Company wires Bob's Computer Mart,"I have two IBM XT's for sale for $1700 each.You pay cost of shipping." Bob received the offer on Monday afternoon and wired back,"You have a deal.30 days same as cash." On Tuesday morning Sam called to revoke the offer.On Tuesday afternoon Sam received the wire.Sam says there is no contract and Bob says there is.Who is correct?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q147: Trevor Jones accepted a summer internship with
Q148: Discuss what colleges and universities must do
Q149: Trevor Jones accepted a summer internship with
Q150: List the federal laws regulating credit contracts
Q151: List the types of contracts required to
Q152: Using what you have learned about consumer
Q153: Which of the following statements is correct?
A)Bethany
Q154: What additional disclosures must be made in
Q155: H2O Plumbing has been working on a
Q156: Suppose that Bethany and Alan are both
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents