In accordance with our agreement of this date, you will deliver the one thousand previously ordered widgets within thirty days. Thank you for your cooperation in this matter. (signed) Adams
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In Question 1, what effect, if any, would the following letter have? International Widget: In accordance with our agreement of this date, you will deliver the one thousand previously ordered widgets within thirty days. Thank you for your cooperation in this matter. (signed) Adams |
Explanation
Individual A altered the contract by changing the delivery period of 60 days to 30 days with the help of written letter,thereby making it enforceable under the law. In addition, if Company I does not make any objection within 10 days of receiving the letter sent by Individual A, then it will be binding upon the Company, and it will have to deliver the products within 30 days.
Verified Answer
The contract that was altered by Individual A with the help of a written letter is binding upon Company I. However, it is binding if it does not make an objection within 10 days of receiving the letter.
