1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aliina [53]
3 years ago
12

Explain why the offer in the following facts has EITHER been revoked or has been accepted (It is only one or the other): Bonnie

offered to sell her laptop computer to Dale. The offer contained all of the necessary terms. The offer stated that it would remain open for 14 days and that Dale should send an acceptance by regular mail. On the 5th day, Bonnie decided that she did not want to enter into the contract and sent a letter stating that the offer was terminated. Dale received and read the letter on the 8th day. However, Dale had sent an acceptance by regular mail on the 7th day.
Business
1 answer:
Lera25 [3.4K]3 years ago
3 0

Answer:

The offer was accepted and a binding contract has been formed.

Explanation:

The offeror (Bonnie) can revoke her offer anytime before the offeree has accepted the offer. In order for the revocation to take place, the offeree must have been notified about it.

The problem here is that before the offeree (Dale) was notified that the offer had been revoked, he had already accepted the offer. So a contract has already been formed.

In common law, the posting rule establishes that an offer is accepted as soon as it has been mailed to the offeror. So in this case, Dale accepted the offer on the 7th day, and was notified about the revocation on the 8th day. So the acceptance is prior to the revocation, therefore, the revocation is not valid. The posting rule only applies to the acceptance of the offer, not to the revocation of the offer.

You might be interested in
What is a trade-off?
mojhsa [17]
The best answer is:
C) <span>a choice that must be made due to scarcity.
A tradeoff occurs when you must choose between two or more things, selecting the best option given the constraints. Choosing what to spend your allowance on, for example, is involves a trade-off that you must make due to the scarcity of your allowance money (you don't have unlimited money). D is a tempting answer, but it does not define trade-off as well as C. </span>
3 0
3 years ago
the most common source of changes to a project based on the natural tendency of the client and project team members to improve t
nignag [31]

The maximum commonplace supply of adjustments to a venture primarily based on the natural tendency of the client and assignment crew members to improve the mission’s output is called Scope creep.

The definition of a purchaser method is a client or someone who makes use of services. An example of a purchaser is a pupil being tutored at a university writing middle. (Ancient) someone depending on every other, for protection or patronage. A terminal or non-public laptop that is connected to a server.

A purchaser is someone who buys services or products from a corporation, even as a client refers to a sure type of client who purchases professional services from an enterprise. typically speak me, customers purchase products at the same time as customers purchase recommendations and solutions.

Learn more about the client  here:

brainly.com/question/25822797

#SPJ4

6 0
2 years ago
A company that adapts its product features for an international market is pursuing one of the three principle strategic options:
sergij07 [2.7K]

Answer: A company that adapts its product features for an international market is pursuing "B. A global strategy of offering products to a worldwide market.".

Explanation: A global business strategy implies participation in the world market and requires adaptation before applying it.

3 0
3 years ago
The U.S. Supreme Court case United States v. Bagley compels the prosecution to disclose any evidence that the _________ requests
nikdorinn [45]

Hello,

Question - The U.S. Supreme Court case United States v. Bagley compels the prosecution to disclose any evidence that the _________ requests.

Answer - "evidence that the defense requests"

Why - "Bagley claimed that the government had violated his due process rights by withholding evidence that the defense could have utilized to impeach the witnesses. The district court held that the evidence was not material because the outcome would have been the same. "


6 0
4 years ago
Read 2 more answers
The undergrounds coffee shop has total assets of $85,300 and an equity multiplier of 1.53. what is the debt-equity ratio?
ikadub [295]
Let us go to the basic accounting equation: Assets = Liabilities + Shareholder's Equity. The equity multiplier is computed by dividing the total assets with the total shareholders' equity. We know the total assets as $85,3000. Using the formula for the equity multiplier, we can calculate the amount of the shareholders' equity. The given equity multiplier is 1.53. To calculate the shareholders' equity, we just have to divide the $85,300 (total assets) with 1.53 (equity multiplier). We can get the amount of $55,752. Using the accounting equation, we can compute <span>the amount of liabilities as $29,548. The formula to get the debt-equity ratio is dividing the total shareholder's equity by the liabilities. $55,752 divided by $29,548, we can get 1.89 as the debt-equity ratio.</span>
4 0
3 years ago
Other questions:
  • 16. If a business chooses an alternative strategy
    6·1 answer
  • The country of Lessidinia has a tax system identical to that of the United States. Suppose someone in Lessidinia bought a parcel
    6·1 answer
  • During the year, Wright Company sells 500 remote-control airplanes for $120 each. The company has the following inventory purcha
    5·1 answer
  • David, an Alabama resident, files a suit in an Alabama court against QuickAds, an Internet company based in Georgia that provide
    12·1 answer
  • On March 1, Tammy, a student, received a telephone call from Waverly LLC offering her a job for one year beginning on June 15, a
    5·1 answer
  • Decisions made during the supply chain design phase regarding significant investments in the supply chain, such as the number an
    10·1 answer
  • On November 1, 2017, Austin Services issued $305,000 of five-year bonds with a stated rate of 12%. The bonds were issued at par,
    13·1 answer
  • Is building a house a ​
    7·2 answers
  • Suppose that three firms make up the entire wig manufacturing industry. One has a 60% market share, and the other two have a 20%
    12·1 answer
  • A movement along the phillips curve shows that the unemployment rate and inflation rate are.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!