Estimating the samples of contracts

Reference no: EM1325889

a) 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? Why?

b) Barnes & Noble faxes to Woodchip Publishing Company on May 1, 2002 the following:
Please ship immediately six copies of NOBODY FIXES REAL CARROT STICKS ANYMORE.
Price: $6.00 Shipping: $2/book
Woodchip ships six books with an invoice as follows:
Six NOBODY FIXES REAL CARROT STICKS ANYMORE @ $6.00 = $36.00
Shipping and Handling = $6.00
Is there a contract?

c) Suppose that the fax from Barnes & Noble read:
Please ship immediately via priority mail - 10 Copies of NOBODY FIXES REAL CARROT STICKS ANYMORE.
Price: $6.00 per book Shipping: $3.95 total

Woodchip ships the books at the $6 price but ships them via two-day UPS at a price of $5.95. Is there a contract?

Reference no: EM1325889

Questions Cloud

Explain important information about auctions : Explain Important information about Auctions and what you don't want in an auction is a bid under the true value of the product just to drive down the price

Explain why dose not raise in aggreate demand : Explain why dose not raise in aggreate demand translate into an increase in real GDP.

Ethics in accounting choices : What are the ethical considerations implied in rationale for Fillups decision? Discuss. Do you believe that an accounting alternative must be selected solely on the basis of financial statement effects? Explain.

Program prompts the user to input three numbers : Write the program that prompts the user to input three numbers. The program should then output the numbers in ascending order.

Estimating the samples of contracts : 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 mo..

Explain managing an e-business avoiding failure : Explain Managing an e-business avoiding failure and Company leaders are still a bit concerned about the possibility of becoming an e-commerce failure

Highest quality network infrastructure : Network Infrastructure: Should organizations invest in the latest & highest quality and Every organization needs to invest in the latest and highest quality network infrastructure.

Business-government relationship in mongolia : Analyse of business-government relationship in Mongolia, addressing influx of foreign investment vs. traditional nomadic culture.

Productive and counterproductive behaviors and organizations : Define the productive behavior and counterproductive behavior, describe the impact that productive and counterproductive behaviors

User Account

All Pages