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Q. Ball writes to Sullivan and inquiries explain how much Sullivan is asking for a specific forty-acre tract of land Sullivan owns. In a letter received by Ball, Sullivan states, ‘I will not take less than $60,000 for the forty-acre tract as specified.' Ball immediately sends Sullivan a fax stating, ‘I accept your offer for $ 60,000 for the forty-acre tract as specified.' Discuss whether Ball can hold Sullivan to a contract for the sale of the land.

Business Management, Management Studies

  • Category:- Business Management
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