Wes,who Is an Art Collector,offered to Buy a Print from Le

question 75

Multiple Choice

Wes,who is an art collector,offered to buy a print from Le Monde Gallery.Le Monde balked at the price,sending Wes a letter of rejection.That day it discovered that the print was not as highly valued as originally thought.Le Monde immediately telephoned Wes to accept his offer.Is there a contract?

• A) Yes,since the acceptance was received before the rejection
• B) No,because the rejection was effective upon dispatch
• C) No,because the rejection terminated the offer
• D) Yes,because the acceptance is always effective upon dispatch

---

Definitions:

Reasonable Notification

A requirement to give timely and clear information or warnings in various legal and regulatory contexts, ensuring that parties involved are properly informed.

Unique Goods

Items that are distinct in their characteristics, often irreplaceable, and cannot be substituted easily due to their rarity or specific traits.

Breach of Warranty

Occurs when a seller fails to uphold a claim or promise about a product or service.

Discovered the Defect

Discovering the defect involves identifying a flaw or fault in a product or property, usually after a transaction has taken place, impacting the value or safety of the item.