Was there a valid offer

Assignment Help Business Law and Ethics
Reference no: EM13983410

Bob's Big Boy is a restaurant and needed to order new plates for the restaurant.

On May 1, Bob emailed Plates Inc. and asked how much it would cost for 500 plates from the Glacier Plate collection.

On May 2, Stan, president of Plates, Inc., responded by email stating that he could ship the plates to Bob but could not offer $10 per plate unless the order was for at least 600 plates."

On May 3, Bob responded to the email stating "Sounds good, make it 700. I will put a check in the mail for $7,000."

On May 4, Bob found a few hidden boxes in storage that had plates and decided his did not need the extra plates after all. He did not send the check and instead mailed a letter to Stan saying he no longer wanted the plates.

On May 5, Stan emailed Bob stating "Just left UPS. I shipped the 700 plates - please send check asap." When Bob got the email, he replied immediately saying, "I am no longer interested in the plates. I mailed you a letter yesterday to let you know. I will return them to you if you send me money for shipping or you can come pick them up at the restaurant."

On May 6, Stan received Bob's letter. On May 8, the plates arrived at Bob's Big Boy.

Stan claims a contract was formed and Bob is required to pay for the plates. For this essay, please assume the contract was for a sale of goods and the UCC applies. Also assume there was valid consideration. ONLY address the following issues:

Was there a valid offer? If so, what was the offer? ?Was there a valid acceptance? When did the acceptance take place?

Was the offer open for acceptance at the time it was accepted? Only address revocation. You do not need address lapse, rejection, or death. So in total you should have 3 IRACS: (i) offer; (ii) acceptance (iii) was the offer revoked before being accepted?

Reference no: EM13983410

Questions Cloud

What issues seem strange and why the need for superstitions : Season 1, Episode 2 of 3rd Rock shows Mary and Dick attending a traditional wedding ceremony. Dick is mesmerized by the ritual that unfolds. Think about the typical American wedding. What issues seem strange
Calculate direction in degrees to the north of east : Calculate the magnitude in m/s. Calculate direction in degrees to the north of east.Calculate the velocity of the plane just before it lands relative to the water.
Analyze the behavior of the investigator : Analyze the behavior of the investigator(s), including the analysis of the crime scene. Describe the psychological, behavioral, environmental, and cognitive factors that you believe influenced the investigation
What is the wavelength of this sound : A frequency generator (a device that produces sinusoidal signals whose frequency and amplitude can be independently set) is used to power a horn. The frequency is set to 2000HZ, and for a particular amplitude the sound intensity is measured to be..
Was there a valid offer : Bob's Big Boy is a restaurant and needed to order new plates for the restaurant. Was there a valid offer? If so, what was the offer? ?Was there a valid acceptance? When did the acceptance take place
Discrepancy between your self-concept : How would you describe the discrepancy between your self-concept and your self-ideal - large, small or moderate? What are the advantages and disadvantages of self-discrepancies?
Why does resistor voltage swing upward as input voltage : Consider the first circuit that you built consisting of a diode and a resistor. When you look at the voltage across the resistor, why does the resistor voltage swing upward as the input voltage swings positive?
Determine the splits required to generate the full tree : Your task is to work out the complete tree, starting at the root node. At each split you should consider the alternatives and make the right choices, starting from the root
Calculate velocity of plane just before it lands to water : A float plane lands on a river. Assume the velocity of the airplane relative to the air is 25 m/s. Calculate the velocity of the plane just before it lands relative to the water.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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