Letter of acceptance was delayed and received

Assignment Help Business Law and Ethics

Reference no: EM133362409

Question: On January 2, Universal Car, a producers of catalytic converters, sent to Customs Kars, a letter offering to sell 100 converters for $600 each. Universal Cars gave Customs Kar until February 20th to accept the offer. A week later, the price of catalytic converters started to increase, due to supply chain problems. A few days later, the converters were selling for $900 each. On January 16, Customs Kars received a letter from Universal Cars revoking the offer. On February 18th, Customs Kar mailed a letter of acceptance to the January 2 offer. The letter of acceptance was delayed and received by Universal Car on February 28. Is there a contract? Please explain.

Reference no: EM133362409

Questions Cloud

Is virtual learning effective for students : Is Virtual Learning effective for students? This assignment is geared towards providing direction and guidance for the major Phase II assignment.

Provide three examples of stark law issues that hospitals : Provide three examples of Stark Law issues that hospitals and physicians need to consider when structuring their arrangements.

Explain the two types of cases that will go to federal court : BLAW 2003 Arkansas Tech University Explain the two types of cases that will go to Federal Court. Stated another way, what are the two instances where Federal

What is the adult role in play experiences : What is the adult's role in play experiences? How can play be used to help build relationships with and among young children? Minimally share two examples.

Letter of acceptance was delayed and received : The letter of acceptance was delayed and received by Universal Car on February 28. Is there a contract? Please explain

How has the pandemic impact on the supply chain affected : How has the pandemic's impact on the supply chain affected travel and transportation safety and security?

Find an image that is poorly executed : Find an image to respond positively and strongly - a good image. Next, find an image that is poorly executed

What do you think is the strongest constitutional argument : What do you think is the strongest constitutional argument against the validity and enforceability of this law? Provide a brief explanation

What training or education needed to become a deputy : How often does deputies perform vehicle inspections in Georgia and What training or education needed to become a deputy in Georgia

User Account

All Pages