Would change if acme revoked 80 days after offer was made

Assignment Help Business Law and Ethics

Reference no: EM133312779

Assignment:

The Acme Toy Company offers to sell Costco 10,000 dolls at a certain price. The offer, which is signed by Acme's President, is complete and certain as to all material terms. The offer also states that it will remain open for four months, but does not require any consideration in support of this promise. Acme revokes the offer 100 days after it was made. Is this revocation effective? Would your answer change if Acme revoked 80 days after the offer was made?

Reference no: EM133312779

Questions Cloud

Define the different types of audits : Define the different types of audits. What is the theme common to all audits?

Operations to the new normal : The Covid-19 pandemic posed many challenges such as critical people issues where organizations adapt their operations to the new normal.

Federal cabinet department : Choose any Federal cabinet department and describe it. When was it created? What are its functions and responsibilities?

Will nancy be entitled to rescind her contract with kathy : After executing the sale contract with the homeowner, Kathy, Nancy discovered that the home was actually worth only $150,000.

Would change if acme revoked 80 days after offer was made : Acme revokes the offer 100 days after it was made. Is this revocation effective? Would your answer change if Acme revoked 80 days after the offer was made?

About structuring and implementing compliance programs : You are the Chief Compliance Officer of your organization. Applying what you have learned about structuring and implementing compliance programs.

Annual reports of godrej group of companies : Reflect on the impact of this assessment on your understanding of the nature of strategic management in international organisations

Carry out to implement innovation strategy : What do you think are the main actions that the leader or main executive of a company must carry out to implement an innovation strategy in their company?

Recommend implementation strategy : Recommend an implementation strategy for the new L-D program at the large box retailer. Should the retailer hire new talent that can run the program?

User Account

All Pages