Asked by Tiffany Riggs-Kredit on May 08, 2024
Verified
Kyle sent Tara a letter offering to sell Tara his car.Tara left the letter on her desk,where her roommate,Maggie,saw it.After reading the letter,Maggie wrote to Kyle and stated that she (Maggie) wanted to accept Kyle's offer.Which of the following is true?
A) Kyle must sell Maggie his car unless Kyle is a merchant under the UCC.
B) There is no contract between Kyle and Maggie because Kyle did not communicate the offer to Maggie.
C) Kyle and Tara have a contract for the purchase of Kyle's car.
D) Maggie's letter is a valid acceptance of Kyle's offer.
Merchant
An individual or business entity engaged in the sale of goods, particularly those specialized in a specific product or market.
UCC
An abbreviation for the Uniform Commercial Code, which is a comprehensive set of laws governing all commercial transactions in the United States.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights concerning a particular service or product.
- Understand the basics of contract formation including offer, acceptance, and consideration.
Verified Answer
UV
Umeira VijendraMay 11, 2024
Final Answer :
B
Explanation :
An offer needs to be communicated to the offeree.In this case,since the offer was not made to Maggie,there is no contract.
Learning Objectives
- Understand the basics of contract formation including offer, acceptance, and consideration.