1. On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell B

Question

1. On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell Byron six carloads of steel at $600 a ton. Byron said, Thats a lot of steel! Would you promise to keep your offer open for 10 days so that I can think about whether I can use that much? Stan replied, Sure. I promise to keep the offer open for 10 days. On July 6, Stan sent a letter to Byron that stated, I hereby revoke my offer of July 1. Byron received this letter on July 7. On July 8, Byron called Stan and said that he was accepting Stans offer of July 1. Stan refused to deliver the steel, claiming that he had validly revoked the offer. In an action by Byron against Stan for breach of contract, judgment for whom? Explain (decision, issue, legal priciple and analysis)

Explanation / Answer

Looking at the above issue, I believe there wasn’t any legal agreement between Stand & Byron as per which Stan had to deliver the $ 600 a ton steel to Byron. It was a mere phone call on the back of which Byron is terming it a breach of contract. Hence, this claim is legally not justifiable. This claim can be defended in court only if there is a legal sanctity to it. Hence, this view will be quashed the moment it takes a legal color and hence, we can safely state that there is no breach of contract because contract itself was not present between the two parties.

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