Wolcott and Sarah, both merchants and residents of Gainesville, Florida, aspire to enter into a contract with
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Sarah's additional terms constitute a rejection of Wolcott's offer and therefore create a new offer entirely.
Due to Sarah's written confirmation of acceptance, the offer as provided by Wolcott will be solidified as the legally binding contract.
Due to Wolcott's failure to give notification of objection to Sarah's terms within a reasonable time, Sarah's terms will become part of the contract.
Wolcott and Sarah must turn to common law principles, which are used to settle disputes between merchants.
Due to the Mirror Image Rule, a contract is not founded until both Wolcott and Sarah agree to the same exact terms.
Related Book For
Ethical Obligations And Decision Making In Accounting Text And Cases
ISBN: 9781264135943
6th Edition
Authors: Steven Mintz
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