Question

In: Accounting

Sally wanted to sell an antique doll that she had inherited. She posted a photograph of...

Sally wanted to sell an antique doll that she had inherited. She posted a photograph of the doll on her Facebook page with a note stating:

Last month, one just like this sold on eBay for $650! I’ll sell it to any of you for $450. First person I hear from gets it. Otherwise, after five days, I’ll sell it on eBay. Call me - no Facebook allowed at my job.

That same day, Barbara, one of Sally’s Facebook friends, saw Sally’s post. She believed that the doll might be worth more than $450. She soon learned from a local antique dealer that it was worth $1,500. She used her tablet computer to go on Sally’s Facebook page. There, she saw a note posted by Judy, another Facebook friend of Sally, stating: “The doll is worth way more than you think. Don’t sell it.” Barbara then left a note stating, “I’ll take the doll for $450. Barbara.” Later, she called Sally and said, “This is Barbara, and I’ll buy the doll for $450.” Sally replied, “Sorry, you’re too late.” Barbara looked again at Facebook and saw a new note from Sally stating: “Thanks for the information, Judy. The doll is going straight to eBay.”

Did Barbara enter an enforceable contract with Sally? Discuss.

If Barbara entered an enforceable contract with Sally, what remedies, if any, does she have?


Solutions

Expert Solution

REVOCATION OF AN OFFER COULDN'T BE DONE AT THIS TIME FROM OFFERER NAMELY SILLY.

YES, BARBARA is entered into an enforceable contract with silly.

Revocation of an offer could be done before its acceptence by the post is made by BARBARA but now it couldn't be done.

Defining

"A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not afterward." A contact should be Proper and free of consent, offer should be made and its Proper acceptance of the offer with free consent should be made. Thus its a enforceable legal contract that have to be completed but in case of any Revocation which is not to possiable.

Well honestly, There may some remedies for BARBARA- but I don't have best knowledge to give you. But in my opinion Barbara can sue on silly.

silly have to compelete the what she said mean the offer to sell her antique doll for $450 to barbara.


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