Business Law

Running Head : Business LawBusiness Contracts (Name (Course (Lecturer (DateQuestion AThe case of the chief executive officer and Ronnie constitutes a valid strain and acceptance and can be considered a valid and enforceable castrate . though the CEO s adjure was motivated by Ronnie s disparaging remarks about his business the primaeval finally met and discussed the carry on . The CEO makes an call of 50 ,000 which is legitimate by Ronnie without dispute . The offer is happend to Ronnie verbally , which is an accepted subject matter of confabulation . Indeed , a narrow can be made either verbally or in typography . There are other actions which communicate the sealing of the deal . The CEO s winking and smiling is a sign of contentment that the deal has been struck . Upon accepting the CEO s offer , the cardinal again shake hands , which is a nonverbal elbow room of communicating agreement .

Though the CEO does non really intend to sell the house , he communicates this to Vinnie , and non Ronnie himself . If this is meant to rub off _or_ out the offer the scourlation is not effective because it is not communicated to Ronnie . Similarly , Vinnie is not Ronnie s agent and he cannot therefore be said to admit received communication of his behalf . The fact that Ronnie started moving into the house shows that he was satisfied that the contract had been sealed . All other factors rest constant , an offer can only be sequestere d before a contact is entered (Barnett , 200! 3 The CEO cannot therefore cancel the contact at...If you penury to get a full essay, gild it on our website: OrderCustomPaper.com

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