Business, 16.06.2020 17:57 demienarravo

On June 3 Ralph Youngblood receives a letter from his uncle offering to sell Ralph his 1968 Corvette for $5000. On June 5 his uncle, thinking that he can probably make a better deal elsewhere, mails a letter to Ralph revoking his offer. On June 6 Ralph, hoping that a Corvette will make a big hit with his girlfriend, mails his acceptance. Ralph, having had a few too many beers, addresses the letter incorrectly and neglect to put on sufficient postage. On June 7, Ralph celebrates his 18th birthday and his parents present him with a brand new BMW. On June 8 Ralph receives the revocation. On July 12 the uncle receives the acceptance. Ralph's uncle never found a better deal for his Corvette and wants to follow through with the contract. Ralph can only afford the insurance on the BMW and wants out of the contract. You are Ralph's attorney. What advice do you give him? Discuss

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On June 3 Ralph Youngblood receives a letter from his uncle offering to sell Ralph his 1968 Corvette...

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