Jon was developing a computer program for use by owners of track clubs,which would aid them in keeping records of the members,their runs,times,injuries,etc.Eager to finish the program,Jon,in Edmonton,called his friend Sam,in Calgary,and offered him $4000 to help: five hours a working day,five days week,for five weeks.Sam said that he would have to think about it.Jon told Sam that he was eager to get going,but that he would hold the offer open until Friday,February 6,2011,at noon.Which of the following is true? (Read each separately.)
A) If Sam accepts by phone within the time specified in the offer, the place of contract would be Calgary.
B) If Jon goes ahead and hires Betsy from Edmonton at noon on February 3, it would be too late for Sam to accept.
C) If Jon revokes his offer before Friday noon, Sam could sue him for breach of contract because he promised to hold it open.
D) If the court held that acceptance by mail was reasonable in the circumstances, if Sam accepts by mail the place of contract is Edmonton.
E) If Sam wants to ensure the promise to keep the offer open until noon, February 6, he should give Jon some consideration (that is, allow him to purchase an option) .
Correct Answer:
Verified
Q17: Which of the following is false with
Q21: A contract is binding if the consideration
Q22: Jones was a caterer; Smith was a
Q24: Mr.Goode,a neighbour of your parents,offered to sell
Q25: Which one of the following will not
Q27: If you pay $1000 for a 90-day
Q28: An ad in the morning newspaper read
Q29: Four days ago,Pete was reading the newspaper
Q30: Martin offered to buy the property for
Q31: If an offeror makes an offer that
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