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Dimitri Wrote to Pat Offering to Sell His Neo-Expressionist Painting

question 93

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Dimitri wrote to Pat offering to sell his neo-expressionist painting "Red Sails in the Sunset" for $25,000.Pat replied that he could not really pay more than $18,000 for the painting.Dimitri replied that he was greatly hurt and deeply insulted by such an offer,especially from someone who was supposed to be a connoisseur of fine art,but that,since he was a little tight for cash,he would be willing to let it go to Pat for $13,000 for old times' sake.Pat immediately replied,saying that he accepted the painting at $13,000 and enquiring whether Dimitri wanted it in cash.Dimitri then realized that he had typed "$13,000" instead of "$23,000" in his second letter to Pat.


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Credit Balance

A situation where the amount of credits in an account exceeds the debits, often indicating money owed by the institution to the account holder.

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