Caz McChrystal World Industries (CMWI) offers to sell a warehouse to Some Dude.

Question

Caz McChrystal World Industries (CMWI) offers to sell a warehouse to Some Dude. Some Dude says it will pay CMWI $100 to hold the offer open for three business days. This...
A. Does not constitute a counteroffer and will require CMWI to keep the offer open for that period if it accepts.
B. voids CMWI's offer by extending the time to term.
C. Negates CMWI's offer by changing the price term.
D. Creats an illegal contract by adding the clause to CMWI's contract

Leg Out Unit Five Test-Contract Law-Quiz Dustin Krueger: Attempt 1 Question 4 (5 points) Caz M0hrystal world industries (0MW1? offers to sell a warehouse to some Dude, Sony Dude says t w hold the offer open for three business cdays. The 10 * Does not constitute a cout roffer and will require CMWI to keep the offer open for thst period if it accoepts 0 Voids CMWI's offer by extending the time term gsCe'df Crestes an ilegal contract by adding the cleuse to CHWIs contract Save Question 5 (5 points)

Explanation / Answer

A. Does not constitute a counteroffer and will require CMWI to keep the offer open for that period if it accepts.

Reason : it becomes an irrevocable offer or contract, if the acceptance comes from CMWI. Some dude has provided this offer and can't be called counteroffer since it is regarding the time. An irrevocable offer is a commitment from buyer to buy goods or services for a mentioned time. But if CMWI accepts it, they have to adhere to the offer's conditions.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.