Question: BE 1 7 . 1 ( LO 1 ) Leno Computers manufactures tablet computers for sale to retailers such as Fallon Electronics. Recently, Leno sold
BELO Leno Computers manufactures tablet computers for sale to retailers such as Fallon Electronics. Recently, Leno sold and delivered tablet computers to Fallon for $ on January Fallon has agreed to pay for the tablet computers within days. Fallon has a good credit rating and should have no difficulty in making payment to Leno. a Explain whether a valid contract exists between Leno Computers and Fallon Electronics. b Assuming that Leno Computers has not yet delivered the tablet computers to Fallon Electronics, what might cause a valid contract not to exist between Leno and Fallon?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
