On January 8, Quastrar, Inc sent Hylavian Company a letter offering to sell $10,000 in restaurant supplies. On January 18, Hylavian mailed a letter to Quastrar accepting the offer. Quastrar received the acceptance letter on January 20. On January 17, Quastrar sent a letter revoking the offer. Hylavian received this letter on January 21. A contract between Quastrar and Hylavian
A) was not formed
because the revocation was effective before the acceptance was sent.
B) was not formed because the revocation was effective before the acceptance was received.
C) was formed on January 18.
D) was formed on January 20.
C
You might also like to view...
One good way to check your perception about a nonverbal cue to determine if your interpretation is correct is which of the following?
A. assuming that the nonverbal is universally understood B. paraphrasing C. acting as if you did not notice the nonverbal D. tell the other person to use a different nonverbal
The Sarbanes-Oxley Act significantly enhanced criminal penalties for crimes involving the destruction or alteration of corporate audit records
a. True b. False Indicate whether the statement is true or false
A Nigerian money offer email is a form of which of the following scams?
a. foreign advance-fee scam. b. purchase of real estate scam. c. clearing house scam. d. multilevel marketing scam.
A(n) ________ clause bars an insurer from challenging its liability on a policy on the basis of an insured's misrepresentations if the policy has been in force for a specified period of time.
A. reinstatement clause B. coinsurance clause C. incontestability clause D. pro rata clause