subject
Business, 12.11.2019 05:31 contminecraft10

Jackson offered to sell his painting, blue opus #2, to pollock for $ 10,000. pollock was to send his acceptance by mail to jackson by the 30th of the month. before pollock could accept the offer, jackson died. which statement best describes the legal status of the transaction?
a. the offer is still valid because all the required elements are present.
b. pollock can accept the offer if he mails the acceptance before the 30th of the month.
c. jackson's estate is bound by the exact terms of the offer and cannot raise the price.
d. pollock cannot accept the offer because it terminated by operation of law when jackson died.
e. statements a, b, and c are all true statements about the offer.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real
Answers: 3
question
Business, 22.06.2019 04:00
Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?
Answers: 3
question
Business, 22.06.2019 07:30
Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions
Answers: 3
question
Business, 22.06.2019 18:30
What is the relationship between credit and debt?
Answers: 1
You know the right answer?
Jackson offered to sell his painting, blue opus #2, to pollock for $ 10,000. pollock was to send his...
Questions
question
History, 04.08.2019 15:30
question
Physics, 04.08.2019 15:30
question
Mathematics, 04.08.2019 15:30
Questions on the website: 13722367