Frank, an accountant, says to Missy, Ill sell you my laptop for $100. Missy asks, Will you
Question:
Frank, an accountant, says to Missy, “I’ll sell you my laptop for $100.” Missy asks, “Will you give me until tomorrow to make up my mind?” “Sure,” Frank replies.
Which of the following is true?
(a) Frank cannot revoke his offer, no matter what.
(b) Frank cannot revoke his offer, but only if Missy pays him to keep the offer open until tomorrow.
(c) Frank can revoke his offer no matter what because he is not a merchant.
(d) Frank can revoke his offer no matter what because he did not promise Missy anything in writing.
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The correct answer is c Frank can revoke his offer no matter what because he is not a merchant Expla...View the full answer
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Related Book For 
Essentials Of Business Law
ISBN: 9781337404198
6th Edition
Authors: Jeffrey F Beatty, Susan S Samuelson
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