The offeree intended to accept the offer

Assignment Help Business Economics
Reference no: EM13888396

Contract law requires proof that the offeree 'intended' to accept the offer. It is not an uncommon defense for the offeree to allege that she did not intend to accept the offer. She might argue that she was only joking when assenting or that she didn't even know that an offer was being made, or that when signing the document she failed to read all of the terms, or that she did read all of the terms but did not understand certain ones. How would an offeror prove that the offeree did was bound by the offer and all of its terms if the offeree contended:

a) She was only joking: The offeror would argue that . . .

b) She didn't know that an offer was being made: The offeror would argue that . .

c) She knew she was signing an offer but he didn't read all of the terms: The offeror would argue that . . .

d) She did not understand some of the terms and conditions: The offeror would argue that . . .

Reference no: EM13888396

Questions Cloud

What are special issues that arise in internet transactions : What are some special issues that arise in Internet transactions involving contracts as compared to traditional transactions involving contracts?
Describe the waterfall methodology and identify its relation : Describe the waterfall methodology and identify its relationship to the PMBOK process groups
Proposed two investments in low rated corporate bonds : A stockbroker has proposed two investments in low rated corporate bonds paying high interest rates and selling at steep discounts (junk bonds). The bonds are rated as equally risky and both mature in 15 years. bond statevalue annual interest payment ..
How many of acmes employees use drugs : How many of Acme's employees use drugs and how many of the employees who use drugs get a positive test result?
The offeree intended to accept the offer : Contract law requires proof that the offeree 'intended' to accept the offer. It is not an uncommon defense for the offeree to allege that she did not intend to accept the offer. How would an offeror prove that the offeree did was bound by the offer a..
What is the frequency of the emergency lights : You've entered the Great Space Race. Your engines are hearty enough to keep you in second place. While racing, the person in front of you begins to have engine troubles and turns on his emergency lights that emit at a frequency of 5.590 multiply.g..
Assignment on the service-oriented architecture : Assignment  : The Service-Oriented Architecture
What convergence of external opportunities and threats : What are the consequences of not addressing this issue? What convergence of external opportunities and threats, system strengths and weaknesses, health status findings or community themes make this an issue?
Included in gdp but probably should be : Which of the following are not included in GDP but probably should be?

Reviews

Write a Review

Business Economics Questions & Answers

  The company has 10 million shares of stock outstanding

Suppose Yon Sun Corporation's free cash flow during the just-ended year (t = 0) was $100 million, and FCF is expected to grow at a constant rate of 5% in the future. If the weighted average cost of capital is 15%, what is the firm's value of operatio..

  In what price interval is the demand inelastic

At what prices is the demand elastic? In what price interval is the demand inelastic? How does revenue change from the elastic to the inelastic zone of the demand?

  Included in the consumption component of GDP

Which of the following expenditures are not included in the consumption component of GDP?

  In which new trainees are paid relatively high starting

in which new trainees are paid relatively high starting salaries and are not expected to make substantial contributions to the company until after the program is over.

  Increased demand for the product which pushed up

If you were in this industry also there was an increased demand for the product which pushed up the price of goods

  Foreign affairs-domestic policy and national security

Select three presidents and research their Chief of Staff and White House advisers during their tenure as President. Create a chart comparing and contrasting how these advisers influenced each president in economics, foreign affairs, domestic policy ..

  Illustrate what is economic profit of texas citrus company

Illustrate what is the economic profit (or loss) of Texas Citrus Company in the short run. Do new orange growers enter the market in the long run.

  The interest rate on the loan was closest

Small manufacturing company borrowed $1 million and repaid the loan through monthly payments of $20,000 for 2 years plus a single lump sum payment of $1 million at the end of 2 years.

  Two-part tariff

A firm faces two consumers with the following demand functions: p1(q1) = 400 − q1. p2(q2) = 300 − q2. The firm’s constant marginal cost of production is, c = 50. The firm may charge an access fee and per unit price (that the consumers can choose not ..

  Most effective way to maintain also extend

Explicate your rationale. Once more, with the similar organization in mind, converse the most effective way to maintain also extend a competitive benefit.

  Evaluate statement using labor-leisure model

In 1981 Andrew Carnegie asserted that "parents who leave their children enormous wealth generally deaden their children's talents and energies and tempt them to lead less productive lives."  Evaluate this statement using the labor-leisure model and e..

  Define incremental and do better innovation

What are the characteristics that define incremental/do better innovation, radical/do different innovation, and existing frame/new frame innovation? Which innovation activity is the most risky, and why?

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