First Principles of Business Law

Making a contract
4. The third essential element of formation: Sufficient agreement

4.7. An offer to whom?

 

 

 

Read the facts and the question and then choose the best answer.

A says to B: "I will sell you these 24 bottles of wine for $2,000. You won't easily find this vintage again."

C, a bystander, replies to A: "That's a terrific opportunity. I'll pay you $2,000 for the wine."

Has A made an offer which C can accept?

 

(a) Yes, anyone who learns of an offer can accept it.

 

(b) No, in these circumstances, C cannot accept the offer.

 

 

Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Go to the next topic Go to the previous topic Go to the list of topics Choose another module