On the 10th of march 2009 moot enterprise ltd posted an, Ask an Expert

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On the 10^th of March 2009 Moot enterprise Ltd posted an offer to sell 1,000 set of encyclopedias to the Ministry of Education for the price of Rs 1,000,000 and that the offer would remain valid up to 31^st of June 2009. On the 20^thof March 2009, Mr Luck the Permanent Secretary of the Ministry phoned Moot Enterprise Ltd and asked whether he would be allowed three months credit. The manager of Moot enterprise Ltd replied that payment should not be be made cash on delivery. On the 25^th of June Moot enterprise Ltd sold the consignment to a private school. On the 30^th of June 2009 Mr Luck wrote to Moot enterprise Ltd and accepted the offer. The letter was received by Moot enterprise Ltd on the 1^st of July 2009 and the manager immediately phoned Mr Luck and informed him that the sets of encyclopedias had been sold and similar encyclopedias were not available. Advise the parties as to whether or not a contract has been created.

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Business Management, Management Studies

Category:- Business Management
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