The Owner of a New Building Wanted Four Maple Trees

question 50

Multiple Choice

The owner of a new building wanted four maple trees, 6 metres tall, planted on the north side of the building. Lloyd Landscaper submitted his offer of four 6-metre maples planted for $800. The owner said he would pay $600 for that. Lloyd said, for $600 he would supply four smaller, 5-metre trees. The owner said, "$600 for 5-metre trees plus a Christmas tree for my kids." Lloyd was disgusted and said, "Forget it. I don't need this job." As he was leaving the owner said, "All right, I'll accept your offer of $600 for the 5-metre maples planted." Lloyd kept on walking. Which of the following is true?

• A) There is no contract because Lloyd's last offer had lapsed after a reasonable time.
• B) There is a contract because at one point in the conversation Lloyd was willing to sell and the owner was willing to buy four trees.
• C) There is no contract because Lloyd's last offer was revoked.
• D) There is no contract because Lloyd's last offer had been rejected by a counter-offer.
• E) There is no contract because there is a presumption in law in these circumstances that the parties did not intend to create legal relationship.

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Definitions:

Hierarchical Networks

Organized systems or structures where entities are ranked one above the other according to their level of authority or importance.

Lateral Networks

Informal communication channels within an organization that run across different departments or units, enhancing collaboration and information sharing.

Deference Norms

Social rules that dictate the showing of respect and submission to those in higher authority or status.

Not-Invented-Here Syndrome

A mindset or culture where innovations or solutions developed outside of the organization are undervalued or not utilized.