Ask Homework Help/Study Tips Expert

Paul was a plumbing contractor. Albert and Bert owned an apartment building. Albert and Bert explained to Paul that plumbing work was needed for their respective buildings.

On January 15, Paul mailed offers to Albert and Bert, offering to do the work on their respective buildings for $2000. In each case, the offer stated it would remain open until January 30.

On the morning of January 20, Albert mailed by regular mail a properly addressed letter to Paul stating, "We've got a deal". That afternoon, Albert spoke to Carlos, another plumber, who said he would do the job for $1500. Albert immediately sent an express mail letter to Paul, stating "disregard any communication of acceptance of your offer; I will contract with another party unless you reduce your price to $1500."

On January 21, Paul received the letter Albert sent by express mal on January 21, and sent back a response to Albert by fax advising that he would not reduce his price.

When Albert called Carlos, Carlos advised that he was now too busy and could not take on any more work. Albert then called Paul, and told him to disregard his express mail letter, and that his acceptance was "in the mail".

On January 24, Bert mailed a letter to Paul stating "$2000 is rather steep, would you consider a 25% discount for early payment? Paul received the letter on January 27, and returned a fax to Bert that he would not provide a discount, since his price already contained a substantial discount factor. Bert then faxed an acceptance of the January 20 offer at $2000, advising that Paul could "begin immediately".

1) If Albert sues Paul for breach of contract, Paul will:

a) Lose, because Albert timely accepted Paul's offer;

b) Win. Albert's counter-offer destroyed Paul's offer, and he could not reconstruct the offer and accept it after the counter-offer.

c) Lose. Albert's express mail was a rejection and not a counter-offer. Albert could revoke his rejection and timely accept

d) None of the above is applicable.

2) If Bert sues Paul for breach of contract, Paul will:

a) Lose, because Bert timely accepted Paul's offer;

b) Win. Bert's counter-offer destroyed Paul's offer, and he could not reconstruct the offer and accept it after the counter-offer.

c) Lose. Bert's fax was a rejection and not a counter-offer. Bert could revoke his rejection and timely accept.

d) None of the above is applicable.

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M9201452

Have any Question?


Related Questions in Homework Help/Study Tips

Review the website airmail service from the smithsonian

Review the website Airmail Service from the Smithsonian National Postal Museum that is dedicated to the history of the U.S. Air Mail Service. Go to the Airmail in America link and explore the additional tabs along the le ...

Read the article frank whittle and the race for the jet

Read the article Frank Whittle and the Race for the Jet from "Historynet" describing the historical influences of Sir Frank Whittle and his early work contributions to jet engine technologies. Prepare a presentation high ...

Overviewnow that we have had an introduction to the context

Overview Now that we have had an introduction to the context of Jesus' life and an overview of the Biblical gospels, we are now ready to take a look at the earliest gospel written about Jesus - the Gospel of Mark. In thi ...

Fitness projectstudents will design and implement a six

Fitness Project Students will design and implement a six week long fitness program for a family member, friend or co-worker. The fitness program will be based on concepts discussed in class. Students will provide justifi ...

Read grand canyon collision - the greatest commercial air

Read Grand Canyon Collision - The greatest commercial air tragedy of its day! from doney, which details the circumstances surrounding one of the most prolific aircraft accidents of all time-the June 1956 mid-air collisio ...

Qestion anti-trustprior to completing the assignment

Question: Anti-Trust Prior to completing the assignment, review Chapter 4 of your course text. You are a manager with 5 years of experience and need to write a report for senior management on how your firm can avoid the ...

Question how has the patient and affordable care act of

Question: How has the Patient and Affordable Care Act of 2010 (the "Health Care Reform Act") reshaped financial arrangements between hospitals, physicians, and other providers with Medicare making a single payment for al ...

Plate tectonicsthe learning objectives for chapter 2 and

Plate Tectonics The Learning Objectives for Chapter 2 and this web quest is to learn about and become familiar with: Plate Boundary Types Plate Boundary Interactions Plate Tectonic Map of the World Past Plate Movement an ...

Question critical case for billing amp codingcomplete the

Question: Critical Case for Billing & Coding Complete the Critical Case for Billing & Coding simulation within the LearnScape platform. You will need to create a single Microsoft Word file and save it to your computer. A ...

Review the cba provided in the resources section between

Review the CBA provided in the resources section between the Trustees of Columbia University and Local 2110 International Union of Technical, Office, and Professional Workers. Describe how this is similar to a "contract" ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As