Legal Question in Business Law in Mississippi
If someone offers to sell me something and I say I'll think about it and let them know tomorrow but someone who overheard the conversation accepted their offer when I left and I didn't know it and the person sold the item to them instead, did the offeror breach a valid contract?
1 Answer from Attorneys
Any business or franchise attorney will say it doesn't sound like a valid contract to begin with. When you say "I'll think about it and let you know," that is not accepting the offer - not even close. And there has to be consideration. Offer, acceptance, consideration - the trilogy of a valid contract. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Attorney
Franchise Foundations APC
Related Questions & Answers
-
How far in payments can be behind before they can repo the car Asked 8/18/10, 2:14 pm in United States Mississippi Business Law
-
My grandmother is 80 years old and she only receives 674 a month for ssi. she was... Asked 7/14/10, 11:21 am in United States Mississippi Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
