at he planned to offer B ¥2,000,000 for the house. C went to B and told B that A had ecided to offer him ¥2,000,000 for the house and had drawn up a written offer to that fect, but without the permission of A. After learning the details of the offer from C, B lephoned A and said, "I accept your offer." A refused and B sued.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Case analysis : please read the case fact and answer the question

(1) Is a now contractually obligated to buy the house ?

(2) please give a reason for your above answer.

 

1. A and B had been negotiating over the sale of B's house. A confided in his friend C
that he planned to offer B ¥2,000,000 for the house. C went to B and told B that A had
decided to offer him ¥2,000,000 for the house and had drawn up a written offer to that
effect, but without the permission of A. After learning the details of the offer from C, B
telephoned A and said, "I accept your offer." A refused and B sued.
Transcribed Image Text:1. A and B had been negotiating over the sale of B's house. A confided in his friend C that he planned to offer B ¥2,000,000 for the house. C went to B and told B that A had decided to offer him ¥2,000,000 for the house and had drawn up a written offer to that effect, but without the permission of A. After learning the details of the offer from C, B telephoned A and said, "I accept your offer." A refused and B sued.
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