Jackie tells a group of friends that she plans to sell her, Ask an Expert

Finance

Jackie tells a group of friends that she plans to sell her home. Meg asks how much Jackie hopes to get for the house, and Jackie replies, "$50,000." Meg says, "I accept your offer. I'll purchase your house for $50,000." No contract exists because

A. the terms of the offer aren't reasonably certain.

B. Jackie's statements are merely preliminary negotiations.

C. Jackie doesn't seriously intend to enter a contract.

View complete question

Financial Management, Finance

Category:- Financial Management
Reference No.:- M92176800

Have any Question?Write your Review or question?

Related Questions in Financial Management

In the land of free trade the public does not view all

In the land of free trade, the public does not view all industries as equal. Do you believe that is ethical? Do you believe that some industries are unfairly targeted? Should it be consumers' choice to partake in product ...

Hospitality financial management hfm assignment - cvp

Hospitality Financial Management (HFM) Assignment - CVP Analysis You are assisting management consider different cost and pricing strategies. Consider the following data and report to management your findings. 1. The coc ...

Part aweek 1in order to properly implement a strategic plan

Part A Week 1: In order to properly implement a strategic plan, organizations use structure, various control systems (budgets, variance analysis, policies and procedures, company rules), and culture. Let us revisit Gener ...

In the link below you will explore how companies compute

In the link below, you will explore how companies compute their cost of capital by computing a weighted average of the three major components of capital: debt, preferred stock, and common equity. The firm's cost of capit ...

Company x is an american manufacturing company getting

Company X is an American manufacturing company getting ready to start selling its products in Mexico. You are the manager of a team tasked with assessing the potential risks to the company as it gets ready to expand to a ...

Deliverable length 10-12 pages body of paper excluding

Deliverable Length: 10-12 pages (body of paper, excluding title page, abstract, references and appendices, if any) Comprehensive Analysis of a Fortune 500 Company For this Individual Project you will analyze publicly ava ...

Part 1 conduct internet research sources must be documented

Part 1. Conduct Internet research, (sources must be documented using MLA format), and write a brief analysis of the current status of the U.S. economy. Include current values and trends for at least three of the followin ...

Purpose of assignmentthis assignment situates students in

Purpose of Assignment This assignment situates students in the role of a consulting team for Best Game Productions. As a team, students analyze the culture, values, and ethics of Best Game Productions and each department ...

Based on this weeks reading determine five 5 leadership

Based on this week's reading, determine five (5) leadership characteristics of effective public leadership and ascribe them to transactional and transformational styles of leadership. What is the difference in the applic ...

Assignmentselect a general industry that interests you and

Assignment Select a general industry that interests you and choose a particular market domain within that industry to expand your research and use as a model throughout the course. A market domain may be defined as a seg ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Financial Management Expert