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:

Functionalism

A theoretical approach in sociology that conceptualizes society as a complex system whose parts work together to promote solidarity and stability.

Mass Media

Forms of communication, such as books, newspapers, radio, and television, that reach large audiences, influencing public opinion and disseminating information.

Canadian Content (CanCon)

A regulatory requirement for Canadian radio and television broadcasters to air a certain percentage of content that is produced or contributed to by Canadians.

Broadcasting Regulations

Rules and standards implemented by governments and regulatory bodies to govern the content, licensing, and operation of television and radio stations and services.