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Bart Owned 100 Shares of a Stock That Was Actively

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Essay

Bart owned 100 shares of a stock that was actively traded on a national stock exchange. Bart wanted to sell the shares but felt that his profit would be seriously diminished by selling through a broker and paying the customary brokerage commission. Bart offered the 100 shares to any of a group of six people in a conversation at a party. The offered price was $72.50 per share, the price at which the shares had closed that day. No one really responded to the offer at that time. Ten days later when the shares were trading at $76.25, Marie, one of the offerees at the party, appeared at Bart's office saying that she accepted the offer. Bart claimed the offer no longer was available. Evaluate the legal outcome of this dispute.


Definitions:

Aggressiveness

The quality of being likely to attack or confront; characterized by or resulting from aggression.

Warrior Gene

A colloquial term for a variant of the MAOA gene that has been linked, controversially, to increased aggressiveness and risk-taking behaviors.

Serotonin

A neurotransmitter in the brain that plays key roles in regulating mood, appetite, and sleep, among other functions.

Aggressive Behavior

Actions intended to harm or intimidate another individual, often driven by anger or hostility.

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