On June 1, Edward Visited a Bicycle Sales and Service

question 15

Essay

On June 1, Edward visited a bicycle sales and service center. Edward spotted a used bike he liked and was told by the dealer that he could have the bike for $100 cash. Since Edward needed a few days to get the money, Edward got a signed, written statement by the dealer that Edward could buy the bike for $100 at anytime on or before June 15. On June 10 Edward came to the dealer with the money, but the bike had been sold to another customer. Was the dealer under any obligation to Edward to keep this offer open until June 15? Give legal reasoning for your answer.

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Definitions:

Drafter Name

The name of the individual who prepared a technical drawing, often included for reference and accountability.

Part Name

The designated name given to a specific component within an assembly or system.

Date Of Drawing

The specific date when a drawing or blueprint was created or last revised.

Metric Drawing

A type of technical drawing in which dimensions and measurements are expressed in metric units, such as millimeters and meters.