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Question: Assignment Instructions John Doe offers to sell his polo shirt to Jane Doe for $60.00. Jane Doe considers the offer and decided to accept. Thereafter, she pays John Doe $60.00. Assignment Question: Does John now have to tender his shirt to Jane after accepting her $60.00. Why or why not? Requirements The length of your response is conditional on the question. Answer fully, but concisely. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing. Late submissions will not be accepted. For this course, unless otherwise noted by the instructor, submitting work late will be permitted only under qualifying circumstances and only with prior notification and supporting documentation (original funeral notice, original doctor’s note, etc.). Computer and Internet connectivity problems are not valid reasons for late work. It is the student's responsibility to be technologically prepared to take a blended course.
Introduction The contract law guarantees that the agreements between individuals are observed in the cases when all the legal aspects are observed. In this case, John Doe proposes to sell his polo shirt to Jane Doe at a price of $60 and Jane accepts and John Doe gets the cash. The issue is whether John has to issue his shirt after taking payment. According to the U.S. contract law, as soon as the valid contract is created by means of offer, acceptance, and consideration, the parties are obliged to keep their promises. Thus, Jane has created a binding and enforceable contract with John and John is obligated to tender the shirt to Jane, since she already has fulfilled her role.
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