Fastener Corp. sent a letter to Renzo Box Co. that was signed by Ronald Lee, Fasteners sales
Question:
Fastener Corp. sent a letter to Renzo Box Co. that was signed by Ronald Lee, Fastener’s sales manager, and read as follows: “We hereby offer you 200 type #14 Fastener bolts at $5 per bolt. This offer will be irrevocable for ten days.” On the fifth day, Fastener informed Renzo it was revoking the offer, alleging that there was no consideration for the offer. Could Fastener revoke? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
No The offer was a firm offer as it 1 Expressed t...View the full answer
Answered By
Carly Cimino
As a tutor, my focus is to help communicate and break down difficult concepts in a way that allows students greater accessibility and comprehension to their course material. I love helping others develop a sense of personal confidence and curiosity, and I'm looking forward to the chance to interact and work with you professionally and better your academic grades.
12+ Reviews
21+ Question Solved
Related Book For 
Andersons Business Law and the Legal Environment
ISBN: 978-0324786668
21st Edition
Authors: David p. twomey, Marianne moody Jennings
Question Posted:
