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First Principles of Business Law |
| Making a contract |
| 4. The third essential element of formation: Sufficient agreement |
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4.9. Acceptance of offers |
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Read the facts and the question and then choose the best answer. A says to B: "If you want, I'll mow your lawn every two weeks. I'll charge you $30 each time." B replies to A: "I'll hire you to cut my lawn every two weeks, but the going rate is $20, not $30." Have A and B reached sufficient agreement for there to be a contract? |
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(a) Yes, there is sufficient agreement for there to be a contract between A and B. (b) No, there is not sufficient agreement for there to be a contract between A and B. |
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