Home / Expert Answers / Operations Management / take-in-consideration-that-the-letter-says-that-the-buyer-must-recieve-the-letter-of-acceptance-no-l-pa199

(Solved): TAKE IN CONSIDERATION THAT THE LETTER SAYS THAT THE BUYER MUST RECIEVE THE LETTER OF ACCEPTANCE NO L ...



TAKE IN CONSIDERATION THAT THE LETTER SAYS THAT THE BUYER MUST RECIEVE THE LETTER OF ACCEPTANCE NO LATER THAN JAN 13.

FOR EACH OF THE FOLLOWING FACT PATTERNS, ANALYZE AND DISCUSS THE PERTINENT LEGAL ISSUES RAISED. FOR EACH, YOU SHOULD USE THEOn Jamuary 3, 2023, Seller sends Buyer a letter offering to sell a rare autographed Babe Ruth baseball (described in the lett

FOR EACH OF THE FOLLOWING FACT PATTERNS, ANALYZE AND DISCUSS THE PERTINENT LEGAL ISSUES RAISED. FOR EACH, YOU SHOULD USE THE FOLLOWING FORMAT: 1. Identification of the precise LEGAL ISSUE(S) presented by the facts 2. Statement of the relevant LEGAL PRINCIPLE(S)/RULE(S) OF LAW related to the issues identified 3. ANALYSIS AND DISCUSSION of the particular fact situation (i.e. application of the legal principles to your situation) - Hint: What will each side will have to establish in order to prevail; how will each side counter the arguments of the other side? 4. CONCLUSION - how would you rule in this situation (This is the least important factor). Note: For purposes of this assignment, YOU DO NOT HAVE TO RESTATE THE FACTS; however, relevant facts should be incorporated into your analysis/discussion as appropriate. On Jamuary 3, 2023, Seller sends Buyer a letter offering to sell a rare autographed Babe Ruth baseball (described in the letter) for . According to the letter, the seller must receive buyer's acceptance no later than January 13, 2023. On January 10th, buyer (who wants the baseball for his personal collection) decides to accept the offer and prepares a letter which states, "I accept your January 3 , 2023 offer to sell the autographed Babe Ruth baseball (as described in the offer) for . Buyer leaves the office at noon for lunch. On the way, he stops at the post office to mail the letter. Meanwhile, on the morning of January 10th, someone else offers Seller for the baseball. Seller calls Buyer's office at p.m. to revoke his original offer. Seller speaks to Buyer's secretary - the following exchange takes place: Secretary: Buyer is out to lunch - he should be back at 1:30 p.m. Seller: "Have him call me. I'm revoking my offer to sell "the autographed Babe Ruth baseball". Secretary leaves Buyer a phone message slip that reads "Seller called. He wants you to return his call-it has something to do with a baseball". Secretary then goes out to lunch. When Buyer returns from lunch, he sees the message and calls Seller - the folling exchange takes place: Buyer: Funny you should call. I just got back from the post office. I just mailed you a letter. I am accepting your offer for the autographed Babe Ruth baseball. Seller: Actually, the offer is revoked. In fact, I told secretary "I'm revoking my offer to sell the autographed Babe Ruth baseball". The January letter was delivered to Seller on January 12, 2023. Seller now refuses to transfer the painting. Buyer sues. RESULT?


We have an Answer from Expert

View Expert Answer

Expert Answer


Legal Issues:a. Whether the seller effectively revoked the offer before the buyer accepted it?b. Whether there was a valid contract formed between the
We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe