Donald met Daisy at the Mall. Donald saw that Daisy had a brand new Apple tablet in her hand, he immediately told Daisy that he is interested in purchasing her tablet for $5000.00: Daisy responded in the following manner;

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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1)         Donald met Daisy at the Mall. Donald saw that Daisy had a brand new Apple tablet in her hand, he immediately told Daisy that he is interested in purchasing her tablet for $5000.00: Daisy responded in the following manner;

 

  • Daisy did not answer Donald and simply walked away.
  • Based on Donald’s original offer to purchase the tablet for $5,000, Daisy inquired from him, the method of payment for the tablet.
  • Daisy told Donald that she paid $10,000.00 for the Tablet and if he agrees to pay her that amount, she is willing to accept. Donald responded that he is only willing to pay $6,000.

 

Advised Daisy on whether or not a valid agreement exists between Donald and her, pertaining to the three issues above.

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