Tuesday
July 29, 2014

Homework Help: Business Law

Posted by IndyGirl on Sunday, February 21, 2010 at 9:08pm.

On June 1, Jason Thomas placed an announcement in The Local Journal offering a reward of $100 to anyone who found and returned his missing wallet. When his wallet had not been returned by June 15, Jason purchased another wallet. Jason then took steps to obtain duplicates of his driver’s license, credit cards, and other items he had lost. On June 15, Jason placed another announcement in The Local Journal revoking his $100 reward. The second announcement (revoking the reward) was the same size as the original reward, and in the same location of the newspaper. Frank Pippin saw the first reward but did not see the revocation of the reward. Frank Pippin had found returned Jason’s wallet on June 16, and requested the $100 reward. Jason did not accept the wallet and refused to pay Frank. Jason claimed that he had properly revoked his reward (offer). Frank sued Jason for the $100 reward. Explain in great detail the results of Frank’s lawsuit (ie: what theory would Frank be suing under and what defenses or “holes” Jason could poke into Frank’s cause of action). Also explain how you arrived at your final conclusion regarding the lawsuit.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting - Redmon Company uses a sales journal, a purchases journal, a cash ...
college - accounting/// which journal would be used if you returned merchandise ...
Math - Tracy Company, a manufacturer of air conditioners, sold 100 units to ...
Accounting - A company just starting a business made the following four ...
english - I will never forget a time I lost something important when I was in ...
foundations of business - Consider a local business whose services you ...
Finance - The following information was available as of the close of business ...
11th grade economics - Since capital are means of production e.g. machinery, how...
Math - The exchange rate for the Australian dollar in January 2000 was AU$100 = ...
business law- fill in the blanks - Business law reflects the values of the ...

Search
Members