Business, 12.12.2019 06:31, Trevon0906
On december 1, petroleum, inc., sent rachel & rico (r& r) a letter, via overnight delivery, offering to employ r& r to review petroleum's tax situation for the current year for $10,000. in the letter, the company stated that r& r had ten days to accept. on december 5, r& r sent an e-mail message that stated, "the price for the tax analysis seems too low. would you consider paying $15,000? " petroleum received the message without responding immediately. the next day, smith & taylor, an r& r competitor, offered to conduct the appraisal for $8,000. on learning of this offer, r& r immediately e-mailed petroleum, agreeing to do the work for $10,000. petroleum received this message on december 7. explain why r& r and petroleum do, or do not, have a contract. factspetroleum offers r& r a contract open for 10 daysr& r responds with a request for more moneyr& r later agrees to the original offerissuewhether r& r can accept petroleum's offer when r& r asked for more money before they acceptedrule: the mirror image rule an acceptance must be unequivocal. any requests for changes to the original offer constitute a counter offeruse: offeruse: conclusionr& r can/cannot accept petroleum's offer when r& r asked for more money before they
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On december 1, petroleum, inc., sent rachel & rico (r& r) a letter, via overnight delivery,...
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