Question: Tankel started a lawn- cutting service business. He randomly selected names from the phone book and sent notices to these individuals stating that he agreed

Tankel started a lawn- cutting service business. He randomly selected names from the phone book and sent notices to these individuals stating that he agreed to cut their lawns based on lawn size plus a 15 percent profit. He sent such a letter to Gibbs. Has a contract been formed between Tankel and Gibbs?

Step by Step Solution

★★★★★

3.35 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

No a contract has not been formed A contract is based on an agreement which is formed whe... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

564-L-B-L-C (1359).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!

You are one of three carpenters assigned to complete a short construction project. Right before the start of the project, one of your fellow carpenters was hospitalized and will not be available to...

At the beginning of the summer, Jack Wells was looking for a way to earn money to pay for his college tuition in the fall. He decided to start a lawn service business in his neighborhood. To get the...

At the beginning of the summer, Brent Davis was looking for a way to earn money to pay for his college tuition in the fall. He decided to start a lawn service business in his neighborhood. To get the...

John Weiss recently started a lawn care service named The Grass Is Always Greener, Inc. The following transactions occurred during the companys first month of business. Enter each of the following...

Four page, maximum, report on: What is your bid for Plastic Molding Company? Give your valuation of the company using the three valuation approaches: (1) restated book value, (2) current market value...

The purpose of this assignment is to encourage and allow critical engagement with recent topics in the field of Not-for-Profit and Government Accounting and how these structures play out in our...

Heritage Arboretum Development Project Arboretum Introduction An arboretum is a garden containing trees, shrubs, and other plants that are cultivated for visual enjoyment and educational purposes....

What approach should Hirsch take with Metropolis? Why? Create a list of 5 risks with the approach you recommend for Hirsch? Take your top 2 risks and discuss how Hirsch could best mitigate each of...

Good day can you please Assist: Questions are at the End of the case study Case Study: Introduction "Transformation is not the same as change. The latter, by definition, is fleeting; the former,...

A plant asset was purchased on January 1 for $ 59200 with an estimated salvage value of $ 15000 at the end of its useful life. The current year's depreciation expense is $ 3400 calculated on the...

It is December 2020. Create 10 transactions for a company for the month of December. You must have at least 1 transaction deal with EACH source document (cash sales slip, sales invoice, purchase...

find the integral sum square root of x ^ 2 - 4 9 / x dx =

A machinist bores a hole of diameter 1.35 cm in a steel plate at a temperature of 25.0C. What is the cross-sectional area of the hole? (a) At 25.0C and (b) When the temperature of the plate is...

In the movie The Drowning Pool, private detective Lew Harper (played by Paul Newman) is trapped by the bad guy in a room containing a swimming pool. The room may be considered rectangular, 5 meters...

A 3.00-μF and a 4.00-μF capacitor are connected in series, and this combination is connected in parallel with a 2.00-μF capacitor (see Fig. 19-52). What is the net capacitance? 3.00 F 4.00 F...

Electrocardiographs are often connected as shown in Fig. 19-55. The leads are said to be capacitively coupled. A time constant of 3.0s is typical and allows rapid changes in potential to be recorded...

The RC circuit of Fig. 19-57 (same as Fig. 19-21a) has R = 6.7 k and C = 3.0μF. The capacitor is at voltage V0 at t = 0, when the switch is closed. How long does it take the capacitor to discharge...

How can Broadway use the EXQUAL tool presented in the book by Wided Batat, Experiential Marketing (Routledge, 2019) to measure a customers theater experience?

Using that standard, explain what happened in this case.

Then why does the court hold that Schauer is an intended third party beneficiary?

1. What other kinds of behavior would also violate an automatic stay? 2. Do you have any sympathy for the hotel?

The discussion of EFN in the chapter implicitly assumed that the company was operating at full capacity. Often, this is not the case. Assume that Rosengarten was operating at 9 0 percent capacity....

We have the following information of the firm and project cash flow. If the project has the same risk as the firm, is it a good project? Debt- Equity- Book value (millions) - 60 # of shares...

1. When he was CEO, Hurd wrote in the Standards of Business Conduct at HP that We want to be a company known for its ethical leadership.... His message in the preface continued: Let us commit...