Woman sues the man for breach of contract

Assignment Help Business Economics
Reference no: EM131779641

A man mailed a letter to a woman promising to sell her his motorcycle for $1,000. After receiving the letter, the woman sent the man a fax that stated, "The price is little high, I will give you $800." The man responded by fax, "I will not accept $800." The next day, the woman telephoned the man and said, "I changed my mind, I will pay $1,000 for the motorcycle." The man refused to sell the woman his motorcycle.

If the woman sues the man for breach of contract, what would be the likely outcome?

(Please follow the four points to write the answer: (1) recognizing the issue, (2) correctly stipulating the rule, and (3) organizing your analysis. (4)conclusion.)

Reference no: EM131779641

Questions Cloud

Discuss krab corporation purchases specialty software : Krab Corporation purchases specialty software from a software development firm for use in its business as of January 1 of the current year
Determining the given independent situation : Leo and Amanda (ages 48 and 46, respectively) are married and furnish more than 50% of the support of their two children, Elton (age 18) and Trista (age 24).
Business functions include-procurement and distribution : 1] How does procurement and distribution in supply chain, realistically, connect to strategy, goals, and objectives?
Determine the number of personal and dependency exemptions : Determine the number of personal and dependency exemptions in each of the following for 2016 independent situations. No tax treaty provisions apply.
Woman sues the man for breach of contract : If the woman sues the man for breach of contract, what would be the likely outcome?
What the agent goes to your vice president : What if, after you say no, the agent goes to your vice president, who provides the money? What do you do and explain why?
Are there existing data sources that you can use : Write a description of the issue you selected. Explain how a needs assessment would benefit this issue and contribute to social change.
Determine the feasibility of a new product launch : determine the feasibility of a new product launch, The assets required for the new product introduction require an investment
Training and develpoment : How can employee development activities be beneficial for companies and their employees? What are some examples of activities you've personally.

Reviews

Write a Review

Business Economics Questions & Answers

  Currencies under a floating exchange rate system

Explain how the following factors affect the value of dollar vis-a-vis other currencies under a floating exchange rate system.

  Demand-supply graph of trade-diverting customs union

Jacob Viner originally envisioned a situation where, in the demand/supply graph of a trade-diverting customs union, the demand cureve was vertical and all supply curves (including the supply curve of domestic producers) were horizontal. In this situa..

  Identify and explain the incentives for entrepreneurship

Identify and explain the incentives for entrepreneurship. Address why someone would willingly take the numerous risks associated with running a business. Also, discuss the major attributes necessary for a successful entrepreneur

  Without taking into account expected environmental damage

Mena would like to build a dam in the Grand Canyon of Western US to provide electricity to the nearby urban area of Las Vegas. Suppose the dam costs $800 million to build and is expected to generate $150 million of annual electricity production forev..

  What is the output level does the marginal cost curve cross

what is the output level does the marginal cost curve cross the average cost curve. Compute her accounting and economic profits.

  Describe the relationship of the demand curve

How does a firm then maximize its total revenue? Describe the relationship of the demand curve and total revenue, indicating in which of the four types

  Public and private health insurance

What is the basis for the managed care ‘‘backlash’’ in the United States, and why has enrollment in PPOs grown while enrollment in HMOs has declined? How did the enactment process of the ACA differ from the previously failed attempts to provide compr..

  Q1 1 what might be the goal of a museum of a firm what are

q1. 1. what might be the goal of a museum? of a firm? what are the basic steps in all types of decision making

  Each player decides whether to work on a common project

Consider the following game: There are 3 players. Each player decides whether to work on a common project or not. The project is successful only if 2 or more players work on it. When the project is successful, each player obtains a payoff of 20. When..

  Purchase more chips

If Michael is spending all of his money on these 2 snacks which he purchase more chips also less ice cream as well as purchase less chips.

  What is firm a''s average fixed cost

Firm A is producing 40,000 units of output, incurring a total cost of $1,000,000 and total variable cost of $200,000. What is Firm A's average fixed cost?

  The laffer curve illustrates the concept that

The Laffer curve illustrates the concept that. The primary value of GDP lies in its ability to

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