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Anderson Ltd

question 124

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Anderson Ltd.was negotiating a contract with the Bolton Manufacturing Co.for a large number of components for the office equipment Anderson Ltd.sells.Anderson is well aware that the normal way of pricing the components is "by the piece",but Bolton Manufacturing sent a written offer to Anderson to sell the components at $5 a pound.The components would normally cost about $5.50 each and there are about two of them to the pound.After receiving Anderson Ltd.'s acceptance of the offer,Bolton realized the mistake it had made and is now refusing to perform the contract.Anderson has sued for breach of contract.


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