Todd Offered in Writing on Monday to Sell His Desk

question 13

Essay

Todd offered in writing on Monday to sell his desk to Mike for $150.Todd's offer stated that unless Mike rejected Todd's offer by Thursday,it would be considered accepted.Mike did not reply until Saturday,when he rejected the offer and refused to buy the desk.Todd insists that Mike is bound to purchase the desk,since he did not reject the offer by Thursday.Discuss the validity of the contract and the legal obligation of Mike.

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Definitions:

Anxiety Disorders

A group of mental disorders characterized by significant feelings of anxiety and fear.

Symptoms

Observable signs or indicators of a disease, disorder, or condition, often reported by the patient.

Panic Attack

A sudden episode of intense fear or acute discomfort, accompanied by physical symptoms such as heart palpitations, chest pain, and shortness of breath.

Heart Attack

A medical condition that occurs when the blood flow to the heart is blocked, often due to a blood clot, leading to damage or death of heart muscle.