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Unformatted text preview: days, ABC could not bill him because there was no contract formed anyhow. Question #4 On Thursday Dennis mailed a letter to Tanya’s office offering to sell his car. An offer is effective when it is received. When Dennis changed his mind and sent a fax to the Tanya’s office on Saturday Tanya did not go to the office yet and did not learn about the revocation. A revocation of an offer is effective when it is received. On Monday morning Tanya mailed a letter of acceptance to Dennis. An acceptance of an offer is effective when it is sent. Hence, Dennis is not correct when he claims that a contract does not exist. An offeror who wants to revoke an offer should do it in person or by phone, but not by mail. Dennis supposed to make sure that Tanya has physically received the revocation in order to deem the revocation effective....
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This note was uploaded on 03/11/2011 for the course ACC 101 taught by Professor Corolinsky during the Spring '11 term at SUNY Albany.
- Spring '11