Britta is the CEO of a successful cybersecurity consulting firm, Adder Co., which has been inundated with
Question:
Britta is the CEO of a successful cybersecurity consulting firm, Adder Co., which has been inundated with new client requests in light of recent, highly publicized security breaches at major companies. Kartika is the Chief Data Officer of Portmantopia Co. and, coincidentally, Britta's former college roommate. Kartika emails her old roommate, asking whether Protanopia could hire Adder to evaluate the status of Portmantopia's security infrastructure. Britta replies "For you, Kartika, anything. My best team of security professionals will be their Monday morning to begin an initial audit." Is there a contract? Identify the most accurate answer below.
A.No, because Britta lacks authority to enter into a contract on behalf of Adder.
B.Yes, because both parties are sophisticated entities who have manifested an intent to agree; any missing essential terms will be filled in by reference to the UCC.
C.No, because Kartika's request did not constitute a definite offer.
D.No, because "best team" is puffery.
E.Yes, because the email exchange counts as a writing evidencing the sale of goods or services for purposes of the Statute of Frauds
Behavioral Corporate Finance Concepts And Cases For Teaching Behavioral Finance
ISBN: 9781259277207
2nd Edition
Authors: Hersh Shefrin