ACC 221 Study Guide - Final Guide: Contract, Posting Rule, Undue Influence

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1 Oct 2018
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Mary accepts, promising to pay down, and per month until paid. They draw up a contract and sign it. Darrel is 85-years-old and although not senile, recognizes that he is not as sharp as he used to be. He wired lucia, a famous actress, offering her the lead in the play at ,00 per week for six week from the specified opening night plus ,000 for a week of rehearsal prior to opening. Offer ends in three days. lucia wired an acceptance the same day she received it. The telegram acceptance was temporarily misplaced by the telegraph company and did not arrive until five days after its dispatch. Milbank, not hearing back from lucia, assumed she had declined and abandoned the production. Which of the following is correct if she sues. Milbank: the contract was automatically terminated when milbank decided not to proceed, lucia has entered into a valid contract and is entitled to recover damages if.

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