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Business Law question...?
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05-14-2008
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Business Law question...?
This is a question on my take home final for business law class that I can't find the answer to. Remember, this is a test question, so explaining well is definitely a plus!
Bryce had been having difficulty with his motorcycle. When he took it in for repairs, Marshall, the mechanic, told Bryce that the repairs would cost $600.00. Bryce told Marshall that he was so sick of all the problems with the motorcycle that he would gladly trade it in for a skateboard. Could Marshall take Bryce's statement as a valid contract? Explain.
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05-19-2008
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No this is not a contract - yet. All Bryce made was an offer. A full contract requires an offer, consideration, and acceptance [[and negotiation if necessary]].
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