Humanities Homework Help

BUS 204 African Institute of Computer Science Business Law Question

 

Bonds wrote McGuire, “I will sell you my house and lot at 419 West Lombard Street, San
Francisco, California for $950,000 payable upon merchantable deed, deal to be completed within
60 days of the date of your acceptance.” Assuming that Bonds’ letter contains terms which are
deemed sufficiently certain and definite, which of the following statements is correct?

a. Bonds’ letter is not an offer unless Bonds intended it to be an offer.

b. Bonds’ letter is not an offer unless McGuire thought Bonds intended to make an offer.

c. Bonds’ letter is an offer if a reasonable person with full knowledge of the circumstances
would be justified in thinking it was intended as an offer..

d. Bonds’ letter is not a offer unless both Bonds and McGuire considered it as an offer.