A buyer for Target offers to buy $100,000 worth of Christmas decorations from a supplier for delivery by Nov. 15th. The
Posted: Fri May 20, 2022 7:41 am
A buyer for Target offers to buy $100,000 worth of Christmas decorations from a supplier for delivery by Nov. 15th. The supplier responds "I accept your offer and agree to deliver them by December 15th." Target instead buys them from a different supplier who can deliver by Nov. 15th. The first supplier ships them for delivery by December 15th and sues to be paid. Target will win because the first supplier's response was a counteroffer, not a valid acceptance, and Target did not accept the counteroffer.