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Ernie Hemingway was fired by his employer,Gerty Stein's Sweat Shop.After he was fired,Ernie received a letter from Sweat Shop offering him double severance pay in exchange for a release of all age discrimination claims against the company.Ernie signed the release and put it in a mailbox outside the post office.Later,Ernie changed his mind and called Sweat Shop to say "I refuse your offer and will be filing suit for age discrimination." Is Ernie's withdrawal of his acceptance of Sweat Shop's offer effective? Why or why not?
UCC Section 2-301
A provision under the Uniform Commercial Code that states the obligation of a seller is to transfer and deliver goods and the buyer's obligation is to accept and pay for them in accordance with the contract.
Basic Duty
A fundamental obligation or responsibility required by one's position, job, or legal standing.
Consolidated Electric
A hypothetical term possibly implying an amalgamation of multiple electric companies or utilities to form a single entity. NO.
Commercial Impracticability
A principle that excuses a party from performing their contractual obligation due to the occurrence of events that fundamentally transforms the nature of the obligations which the parties could not have anticipated.
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