1. Fidelity Corporation offers to hire Ron to replace Mon-
ica, who has given Fidelity a month's notice of intent
to quit. Fidelity gives Ron a week to decide whether to
accept. Two days later, Monica signs an employment
contract with Fidelity for another year. The next day,
Monica tells Ron of the new contract. Ron immediately
sends a formal letter of acceptance to Fidelity. Do Fidel-
ity and Ron have a contract? Why or why not? (See Ter-
mination of the Offer.)
Answers: 1
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1. Fidelity Corporation offers to hire Ron to replace Mon-
ica, who has given Fidelity a month's no...
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