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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.)
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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