An insurance company advertised an invitation to the public to subscribe for shares. Grant applied...
60.1K
Verified Solution
Link Copied!
Question
Accounting
An insurance company advertised an invitation to the public to subscribe for shares. Grant applied for 100 shares through the mail. the shares were duly allotted to him , and a letter of allotment was posted . however , the letter got lost in the mail and was never received by grant. nothing further was heard from the company for several years until a demand for payment of $400,a call on the shares . Grant claimed that he was never a shareholder and refused to pay. advise grant
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.