On February 11, Lawrence sends a letter via first-class mail to Protein Source, Inc., offering to buy
Question:
On February 11, Lawrence sends a letter via first-class mail to Protein Source, Inc., offering to buy 225 bags of animal feed from Protein Source, Inc., at a total price of $1,000. Protein Source, Inc., responds by mailing a letter, via first-class mail, on February 12, indicating that Protein Source, Inc., agrees to sell animal feed at the price offered by Lawrence. The letter is received by Lawrence on February 14
Protein Source, Inc.'s letter constitutes a revocation and is effective on February 12.
Protein Source, Inc.'s letter constitutes a revocation and is effective on February 14.
Protein Source, Inc.'s letter constitutes an acceptance and is effective on February 14.
Protein Source, Inc.'s letter constitutes an acceptance and is effective on February 12.
Understanding Business Ethics
ISBN: 9781506303239
3rd Edition
Authors: Peter A. Stanwick, Sarah D. Stanwick