Jacob wrote a letter to silas offering to sell 100 acres of, Ask an Expert

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Jacob wrote a letter to Silas offering to sell 100 acres of land at $2,000 per acre with payment being paid at the contract signing. Silas replied by letter and stated, “I accept for 100 acres of land at $1,900 per acre with half of the payment paid at the contract signing and the other half paid after occupying the property.”

Was Silas’ acceptance valid? Why or why not?

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Operation Management, Management Studies

Category:- Operation Management
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