Question: There could be more than one offer in a scenario and therefore, more than...
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Accounting
Question: There could be more than one offer in a scenario and therefore, more than one offeror and offeree. In those instances, be specific about which party is the offeror and offeree with each specific offer.
Answer The Scenarios Below:
- Sarah: I will sell you my purse for $100. Sheila: Let me think about it. Sarah: Never mind, I already sold it.
- Flo: I will sell you my computer for $200. Dale: No way! I am not interested in your computer it has been repaired 100 times!
- Megan: I will sell you my concert ticket for $100. Sasha: No, I dont want it for $100. Sasha: But Ill give you $25 for it. Megan: No way it is worth four times that much! Sasha: I really want to go to the concert so Ill give you $100 for the ticket.
- Randy: I really dont like my new apple watch, so I will sell it to you for $250. I have only worn it three times. Chuck: I wish I had an extra $250, but I dont I had to have my car repaired. Jim: Make it $150. Roger: Ok, its a deal!
- On Monday, Teddy makes an offer to sell his car for $1,000 to both George and Charlie. Teddy tells George and Charlie the acceptance must be in writing. George accepts the offer in writing and places the offer in the mailbox on Tuesday morning. Charlie meets Teddy on Wednesday for lunch and gives Teddy a written document accepting the offer to purchase the car for $1,000. On Thursday, Teddy receives George's acceptance in the mail. Who is the offeror and offeree? Is there an enforceable contract? With whom? Why?
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