Mr Anant, who is an owner of a house want to sell his house and proposes this to Mr Kantilal through letter. The letter was posted to Mr Kantilal on Ist August 2019, and reaches him by 4th August 2019. Mr Kantilal posts his letter of acceptance on 6th of August 2019, that reaches Mr Anant by 9th August. In between Mr Anant rethought about selling of his house and sends a letter of revocation on 7th August 2019, for revocation of the offer. Will the offer given by Mr Anant get revoked? Is there an agreement between Mr Anant and Mr Kantilal
Mr Anant, who is an owner of a house want to sell his house and proposes this to Mr Kantilal through letter. The letter was posted to Mr Kantilal on Ist August 2019, and reaches him by 4th August 2019. Mr Kantilal posts his letter of acceptance on 6th of August 2019, that reaches Mr Anant by 9th August. In between Mr Anant rethought about selling of his house and sends a letter of revocation on 7th August 2019, for revocation of the offer. Will the offer given by Mr Anant get revoked? Is there an agreement between Mr Anant and Mr Kantilal
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Mr Anant, who is an owner of a house want to sell his house and proposes this to Mr Kantilal through letter. The letter was posted to Mr Kantilal on Ist August 2019, and reaches him by 4th August 2019. Mr Kantilal posts his letter of acceptance on 6th of August 2019, that reaches Mr Anant by 9th August. In between Mr Anant rethought about selling of his house and sends a letter of revocation on 7th August 2019, for revocation of the offer. Will the offer given by Mr Anant get revoked? Is there an agreement between Mr Anant and Mr Kantilal
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