Multiple Choice
Mary bought a new Macintosh computer and advertised her old computer system for sale for $1500.Mr.Jones offered to pay $1000.Mary said no,that she wanted $1500.Mr.Jones offered $1250.Mary rejected that offer and said she wanted $1500,but then said,"I withdraw my offer,I've decided to give it to a school and apply for the tax benefit." Mr.Jones said,"All right,I'll accept your offer of $1500." Which of the following is true?
A) There is a contract and Mr.Jones has to pay a reasonable price for Mary's old computer.
B) There is a contract,because once a seller makes an offer she cannot change her mind; she is bound to receive an acceptance.
C) There is no contract because Mary revoked the offer before Mr.Jones attempted to accept it.
D) There is a contract because at some point in time Mary was willing to sell and Mr.Jones was willing to buy the computer system for $1500.
E) There is no contract because the last offer had lapsed.
Correct Answer:
Verified
Correct Answer:
Verified
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