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Ch 08 Dynamic for Reflection

Ch 08 Dynamic for Reflection

Q Browne offered to sell Houlihan his recently purchased 50-inch plasma screen television set for $6400. Houlihan sent Browne an e-mail accepting the offer but asked if she could pay Browne in four equal monthly installments of $1600. Browne did not acknowledge Houlihan's e-mail and instead sold the television set to Drew for $6200. Houlihan then purchased a new set for $7400 and sued Browne for $1000, the difference in price. Did Houlihan and Browne have a valid contract and will Houlihan be able to recover $1000 form Browne? Very same question from Chapter 7, which deals with the issue is this a contract? For Chapter 8: Do you feel there is an acceptance? What would Houlihan have to do to accept Brown's offer to sell? (Does Brown have to sell to Houlihan? Is the email an issue of any relevance (you might take both sides on this one, the pro and the con.)

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I think that in this case, the evidence of a counter offer is completely evident. However, the counteroffer made by Houlihan has not been accepted by Browne. Initially, the offer made by Browne had been to sell Houlihan his recently purchased 50-inch plasma screen television set for $6400. However, in this offer, there has not been any condition or statement stating that Browne would be comfortable with any form of installment method of payment being made to him by Houlihan. Therefore, there has not been complete acceptance by Houlihan to the offer made by Browne in the first place.