Under common law, which of the following is an example of a valid contract follo
ID: 343241 • Letter: U
Question
Under common law, which of the following is an example of a valid contract following the "mirror image" rule?
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day saying that he will pay $5,000 for the bike.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day accepts the offer with the proviso that Tibb fill the fuel tank.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day and accepts the offer along with the condition that Tibb gets the bike serviced.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day saying that he is ready to accept the offer and that he would also like a helmet.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the 11th day saying that he will pay $15,000 for the bike.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day saying that he will pay $5,000 for the bike.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day accepts the offer with the proviso that Tibb fill the fuel tank.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day and accepts the offer along with the condition that Tibb gets the bike serviced.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day saying that he is ready to accept the offer and that he would also like a helmet.
Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the 11th day saying that he will pay $15,000 for the bike.
Explanation / Answer
Answer: Option (C) - Tibb offers to sell his bike to Rony for $10,000 and gives a written promise to keep the offer open for 10 days. Rony responds on the second day and accepts the offer along with the condition that Tibb gets the bike serviced.
Explanation: In the law of contracts, the mirror image rule states that an offer must be accepted exactly as is offered by the offeror. Any changes in the original terms of the offer changes the offer and instead, becomes a counter-offer. However, Uniform Commercial Code (UCC) allows alterations to the contract terms in the form of additional provisions/proposals such that it does not changes the original terms of the offer completely.
In the given scenario, The acceptance of Tibb’s offer for $10,000 by Rony on the second day itself along with an additional condition that Tibb gets the bike serviced is in adherence to the “mirror image” rule under common law.
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