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Running Head: Assignment 1: Did Jim and Laura Buy a Care? 1 Assignment 1: Did Jim and Laura Buy A Car?
Assignment 1: Did Jim and Laura Buy a Car? 3 OfferOffer is a promise that, according to its terms, is contingent upon a particular act, forbearance orpromise give in exchange for the original promise or the performance thereof. An initial offer was madewhen Jim and Laura asked for Stan to hold the blue four door sedan for one-hundred dollars until theywhere able to make a decision on whether or not they want to purchase the vehicle. Stan did agree thatJim and Laura would be able to receive their money back the next day. Stan, Jim, or Laura didn't havethis agreement in writing so it would be hard for them to prove the following allegations in court. Jimand Laura should have received this agreement in writing, so Stan is allowed some led way if Jim andLaura decided to let this play out in court. Acceptance