Crockett - Crockett & Tubbs Crockett should receive the...

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Crockett should receive the Ferrari for the original price of 250,000 dollars. Tubbs initially agreed upon the price before the movie came out and caused the market value to increase. As a businessperson Tubbs should act in good faith and honest and sell the vehicle to Crockett. Under the Uniform Commercial Code where offer and acceptance is discussed it states that acceptance may be made by any reasonable means of communication and is effective when deposited. In this case price did not need to be included in the agreement but the two agreed upon a price of 250,000 dollars. According to the Uniform Commercial Code 2-206 an offer to make a contract shall be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances. A contract was made between the two parties when Tubbs agreed to sell the vehicle to Crockett. As part of the terms of their contract they agreed upon the price of $250,000. Tubbs is bound by the code 2-207 which states conduct by both parties which recognizes the
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Crockett - Crockett & Tubbs Crockett should receive the...

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