The offeree intended to accept the offer

Assignment Help Business Economics
Reference no: EM13888396

Contract law requires proof that the offeree 'intended' to accept the offer. It is not an uncommon defense for the offeree to allege that she did not intend to accept the offer. She might argue that she was only joking when assenting or that she didn't even know that an offer was being made, or that when signing the document she failed to read all of the terms, or that she did read all of the terms but did not understand certain ones. How would an offeror prove that the offeree did was bound by the offer and all of its terms if the offeree contended:

a) She was only joking: The offeror would argue that . . .

b) She didn't know that an offer was being made: The offeror would argue that . .

c) She knew she was signing an offer but he didn't read all of the terms: The offeror would argue that . . .

d) She did not understand some of the terms and conditions: The offeror would argue that . . .

Reference no: EM13888396

Questions Cloud

What are special issues that arise in internet transactions : What are some special issues that arise in Internet transactions involving contracts as compared to traditional transactions involving contracts?
Describe the waterfall methodology and identify its relation : Describe the waterfall methodology and identify its relationship to the PMBOK process groups
Proposed two investments in low rated corporate bonds : A stockbroker has proposed two investments in low rated corporate bonds paying high interest rates and selling at steep discounts (junk bonds). The bonds are rated as equally risky and both mature in 15 years. bond statevalue annual interest payment ..
How many of acmes employees use drugs : How many of Acme's employees use drugs and how many of the employees who use drugs get a positive test result?
The offeree intended to accept the offer : Contract law requires proof that the offeree 'intended' to accept the offer. It is not an uncommon defense for the offeree to allege that she did not intend to accept the offer. How would an offeror prove that the offeree did was bound by the offer a..
What is the frequency of the emergency lights : You've entered the Great Space Race. Your engines are hearty enough to keep you in second place. While racing, the person in front of you begins to have engine troubles and turns on his emergency lights that emit at a frequency of 5.590 multiply.g..
Assignment on the service-oriented architecture : Assignment  : The Service-Oriented Architecture
What convergence of external opportunities and threats : What are the consequences of not addressing this issue? What convergence of external opportunities and threats, system strengths and weaknesses, health status findings or community themes make this an issue?
Included in gdp but probably should be : Which of the following are not included in GDP but probably should be?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd