1. Petra contracted to paint Bret’s house for $2,000. After beginning the job, Petra realizes that the house is really quite big, and she’s not going to make enough profit, so she tells Bret she wants another $500 to finish the job. Bret doesn’t want to pay more, but he’s afraid that if she walks off the job, he’ll have trouble finding someone else to finish it, so he agrees. Is Bret legally obligated to pay the extra $500?
No, Petra had a pre-existing duty to paint the house for $2,000.
Question 2.
Beta Inc. offers to buy 25 screwdrivers from Industrial Hardware for $75. Industrial responds, “We have the screwdrivers you wish to purchase, but the price is $80.” Beta replies, “No, we can find them cheaper somewhere else.” Industrial now responds, “We accept your offer of 25 screwdrivers for $75.” Do they have a contract?
---No, Industrial’s counteroffer terminated Beta’s offer.
Can you double check
1 answer
Answer to question 1 is correct. Answer to question 2 is wrong. The correct answer is Yes, Industrial was merely attempting to negotiate. Answer can be verified in the class online text Ch 4.2 The Offer