FACTS: On December 5, Sebastian, a graduate student, offered to sell Burnie his autographed Miami Hu

FACTS: On December 5, Sebastian, a graduate student, offered to sell Burnie his autographed Miami Hurricanes football jersey for $400 Burnie replied that he thought $400 might be more than he wanted to pay for the jersey Burnie asked Sebastian to hold the offer open for 5 days while he considered the offer Sebastian agreed On Dec 6, Sebastian sold the jersey to Shaq for $450 On Dec 7, Burnie told Sebastian he accepted his offer to buy the jersey for $400

A Did Sebastian have an enforceable contract with Burnie so that Sebastian was obligated to hold the offer open for 5 days while Burnie considered Sebastian’s $400 offer? Why or why not?

 

Looking for a Similar Assignment? Let us take care of your accounting classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Active Discount Code FREE20