(Answered) Question ashley met adam at a party and after a couple of

Management Studies

Question: Ashley met Adam at a party and after a couple of drinks; Ashley found out that Adam is in the business of selling education products.

Compare and contrast the different liabilities in each of the following situation, where Ashley may become the buyer, Adam may become the seller and they are negotiating. They may or may not have an agreement and/or contract.

a. Both parties discussed their intentions and Ashley stated briefly what kind of products she would be interested in but they parted ways after that. Ashley said later that there was no contract between them. Discuss the issues involved.

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