Ask Question
BusinessBusiness
25 March, 00:25

6. On Friday, Billy mails Andrew an offer, which Andrew receives on Monday. On Tuesday, Billy mails Andrew a revocation, which Andrew does not receive until Thursday; Andrew takes no action when he receives the revocation. Meanwhile, Andrew mailed Billy an acceptance on Wednesday that Billy receives on Friday. Is a contract formed, and if so, on what day?

+1
Answers (1)
  1. 25 March, 04:10
    0
    A contract was formed when Andrew mailed his acceptance on Wednesday.

    Explanation:

    A contract is formed only if the parties intend to be legally bound by their promises and have clearly agreed on what those promises are. This is known as a meeting of the minds. The court will look for certain elements to determine whether a valid contract has been made. These are offer, acceptance, and consideration
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “6. On Friday, Billy mails Andrew an offer, which Andrew receives on Monday. On Tuesday, Billy mails Andrew a revocation, which Andrew does ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Standards differ from budgets in that A) only budgets contribute to management planning and control. B) budgets but not standards may be used in valuing inventories. C) budgets but not standards may be journalized and posted.
Answers (1)
Melanie needs to ensure that readers are able to locate specific sections within a document easily. What should she include in the document? concordance index table of contents bibliography
Answers (2)
Which type of third party plan is provided through an employer or purchased individually?
Answers (1)
What is viability and relevancy of insurance products sold to businesses and individual
Answers (1)
Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 26,400 $ 22,400 Work in process $ 18,400 $ 11,400 Finished Goods $ 49,400 $ 57,400 Additional information: Raw materials purchases $
Answers (1)
New Questions in Business
Henry Edwards was injured in an accident caused by another driver who did not have insurance. Henry's medical expenses would be covered by: A. collision. B. no-fault coverage. C. bodily injury liability. D. uninsured motorists protection Its not B
Answers (1)
Oliver is a manager at a watch company. He believes that money is the sole motivator for workers, so he links workers' pay directly to their output. For each watch a worker produces, he or she receives $5.
Answers (1)
If the management decision problem is: "should a new product be introduced?" what is the most appropriate marketing research problem?
Answers (1)
Vaughn Manufacturing received a check for $24480 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $24480.
Answers (1)
If it does not seem responsible to consult your superviser or others in your management chain when you have an issue or concern involving the code of conduct
Answers (1)
Home » Business » 6. On Friday, Billy mails Andrew an offer, which Andrew receives on Monday. On Tuesday, Billy mails Andrew a revocation, which Andrew does not receive until Thursday; Andrew takes no action when he receives the revocation.
Sign Up Forgot Password?