AutoSave H Fall 2020 Extra Credit Assignment 1 - Protected View - Saved to this PC- Search Kyle Zappulla KZ File Home Insert Design Layout References Mailings Review View Help Share Comments O PROTECTED VIEW Be carefulfiles from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X Ryan sells used items he procures from various estate sales using internet-based auction platforms. Users wishing to bid on an item register with the auction site and place bids. By placing bids, users agree that the bid if accepted constitutes an enforceable contract requiring the user to purchase said item. No bidder's remorse. Users are also encouraged to purchase beautiful pair of vintage Won prior to shipping. Larissa scrolling through the auction site sees a of vintage Lacrosse sneakers, unworn, that she believes her boyfriend would really like. Larissa registers and places a bid for $50. Throughout the auction period, Larissa increases her bid to outbid other registered users. So desperate to win the auction, Larissa increases her bid to $500. The auction closed and Larissa won the bid. The auction house informs Larissa that she won the bid and provided information regarding how to pay and shipping details. Specifically, Larissa was told that once payment was received then Ryan would tender the sneakers to FedEx for shipping. Larissa cannot believe that she bid so high The desire to win overwhelmed her and had she been thinking she would have never bid so high. Larissa calls the customer service number and pleads her case. The auction house is not moved and insists that Larissa's accepted bid constitutes a binding contract. Larissa charges the payment to her credit card and Ryan ships the sneakers via FedEx. Before the sneakers arrive, Larissa contacts her credit card and disputes the charge. In transit, the sneakers are damaged. Larissa mails back the sneakers to Ryan. Ryan sues for breach of contract. Select the most appropriate answer: A. Larissa entered into an enforceable contract with Ryan and therefore owes $500 less the damages incurred as Ryan bears the risk of loss and or damage in shipping. B. Larissa entered into an enforceable contract with Ryan and therefore owes $500. Additionally, Larissa bears the risk of loss and or damage as this was a shipment contract. C. Larissa suffered from the duress of the auction process. She was not in a right frame of mind and therefore did not volitionally consent to enter into a contract. D. Larissa asserts that $500 is price gouging and unconscionable and therefore she should be excused from any obligation. The same vintage Lacrosse sneakers were sold for $125 on another auction site. E. Argument Page 8 of 12 3869 words C Focus 80% 5:59 PM Type here to search o > 99 10/21/2020 721