Posted: May 17th, 2016

.What is the firm offer rule and how is it applied in the formation of sales and lease contracts?

1.What is the firm offer rule and how is it applied in the formation of sales and lease contracts? Discuss fully and include an original example. 2.A salesperson at a BMW dealership offers to sell a top of the line 3 series to a buyer for $50,000. The buyer replies, I accept your offer, but I would like to have a CD player in the car. If the salesperson agrees, what are the terms of the contract between the parties? What if the salesperson rejects the proposed addition? Be sure to cite to the applicable section of the UCC to support your response.