On May 20, cattle rancher Oliver visited his neighbour Southworth, telling him, "I know you're interested in buying the land I am selling". Southworth replied, "Yes. "Although the two men did not discuss the price, Oliver told Southworth he would determine the value of the property and send that information to Southworth. "On June 13, Southworth called Oliver to ask if he still planned to sell the land. Oliver answered, "Yes, and I should have the value of the determined soon. "On June 17, Oliver sent a letter to Southworth listing a price of quotation of $324,000. Southworth then responded to Oliver by letter on June 21 stating that he accepted Olivers offer. However, On June 24 Oliver wrote back to Southworth saying" There has never been a firm offer to sell, and there is no enforceable contract between us. "Oliver maintains that a price quotation alone is not an offer. Southworth claims a valid contract has been made. Who wins? Discuss?
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Answer must not be less than 700 words
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Answer must not be less than 700 words
A corporation is formed for the purpose of manufacturing, buying, selling, and dealing in drugs, chemicals and similar products. The corporation, under authority of its board of purchase the land and building it occupied as a factory and store. Collins, a shareholder, sues in court to restrain the corporation from completing the contract, claiming that as the certificate of incorporation contained no provision authorising the corporation to purchase real estate, the contract was ultra vires.. Decisions?
Answer should not be less than 700 words
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Answer should not be less than 1000 words
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Answer not less than 700 words
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Answer should not be less than 1000 words
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difference between analysis for policy and analysis of policy?