Asked by Carter Brown on May 22, 2024
Verified
On Thursday,Trista Dylan receives a letter from Charlie Holmes offering to sell her a diamond ring and stating that: "if you choose to accept,you must do so prior to 2:00 p.m.tomorrow." Trista had a telegram of acceptance dispatched well before 2:00 p.m.on Friday but it is delivered to Charlie's home at 2:15 p.m.Do Trista and Charlie have a binding contract?
A) No,because Trista's purported acceptance was delayed.
B) Yes,because Trista dispatched the telegram prior to 2:00 p.m.
C) No,because Trista's use of a telegram was not stipulated in the offer.
D) Yes,unless Charlie is not home to receive the telegram.
Telegram Acceptance
The acceptance of a contractual offer or agreement through a telegram, historically significant for its immediacy and legal recognition.
Binding Contract
A binding contract is a legally enforceable agreement between two or more parties that is recognized by law, where each party has made promises or agreements that must be fulfilled.
Dispatched
refers to the act of sending off something or someone to a destination or for a purpose.
- Perceive the impact of communication techniques on the process of acceptance and the incorporation of the mailbox rule.
- Comprehend the legal consequences of offer acceptance and the establishment of a contractual agreement.
Verified Answer
Learning Objectives
- Perceive the impact of communication techniques on the process of acceptance and the incorporation of the mailbox rule.
- Comprehend the legal consequences of offer acceptance and the establishment of a contractual agreement.
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