Bart claimed the offer no longer was available

Assignment Help Business Management
Reference no: EM1388879

Q. Bart owned 100 shares of a stock that was actively traded on a national stock exchange. Bart wanted to sell the shares but felt that his profit would be seriously diminished by selling through a broker also paying the customary brokerage commission. Bart offered the 100 shares to any of a group of six people in a conversation at a party. The offered price was $72.50 per share, the price at which the shares had closed that day. No one really responded to the offer at that time. Ten days later when the shares were trading at $76.25, Marie, one of the offeree at the party, appeared at Bart's office saying that she accepted the offer. Bart claimed the offer no longer was available. Is Bart right? Explain why or Explain why Not?

 

 

Reference no: EM1388879

Questions Cloud

Explain why didn''t the contract order signed by parties : Explain why didn't the "contract order" signed by the parties constitute a binding contract for the sale of goods?
Find out the distance from a enough b : If we assume uniform acceleration for both horses between A and C, find out the distance from A enough B.
Five-step p-value approach to hypothesis testing : Use the five-step p-value approach to hypothesis testing and a 0.05 level of significance to determine whether the proportion of full-time students at Miami University is different from the national norm of 0.46.
Environmental health and environmental protection : Critically illustrate out the difference between environmental health and environmental protection? Give examples of environmental factors that might impact the health and wellness of public & community health?
Bart claimed the offer no longer was available : Ten days later when the shares were trading at $76.25, Marie, one of the offeree at the party, appeared at Bart's office saying that she accepted the offer. Bart claimed the offer no longer was available.
Write program using array of seven long integers : Write down the program which uses the following arrays: empId: array of seven long integers to hold employee identification numbers. Array must be initialized with following numbers.
How much time does it take for the ship and asteroid to meet : At first the spacecraft and the asteroid are at rest, 450m apart. How much time does it take for the ship and the asteroid to meet?
Why a salesperson must constantly look for new prospects : why a salesperson must constantly look for new prospects are to replace customers lost over time and to
Current hypothesis-casual theories-ideas : Summarize and current hypothesis, or casual theories or ideas proposed to describe the distributions by person, place, and time in literature, on the web, or ideas you've about why something might be true---for ex., if you find a gender difference..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd