Question: Read the simulated case below regarding an offer for a contract. Then answer determining a valid offer. Mark and Lindsay have a verbal conversation. In

Read the simulated case below regarding an offer for a contract. Then answer determining a valid offer. Mark and Lindsay have a verbal conversation. In that conversation, Mark tells Lin room couch and loveseat for $125 cash. Lindsay has seen the furniture often and fabric has no holes, stains, or large imperfections. Mark also indicated that he was to believe Mark was joking about the sale of the furniture. Lindsay agrees to accep Walk through the three steps of a valid offer under common law for the case above a valid offer exists? Why or why not? What is the first element of an offer? Multiple Choice Communication intent Desinite and certain torms determining a valid offer. Mark and Lindsay have a verbal conversation. In that conversation, Mark tells L room couch and loveseat for $125 cash. Lindsay has seen the furniture often ar fabric has no holes, stains, or large imperfections. Mark also indicated that he w to believe Mark was joking about the sale of the furniture. Lindsay agrees to acc Walk through the three steps of a valid offer under common law for the case abo a valid offer exists? Why or why not? What is the second element of an offer? Multiple Choice Material terms Definite and certain terms Reasonable person standard
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
