Legal Question in Business Law in New York

On May 1, Brand Name Industries, Inc. (BNI), sent Carol a letter, via overnight delivery, offering
to employ her to audit BNI�s financial statements for the current year for $1,000. In the letter,
BNI stated that Carol had ten days to accept. On May 5, Carol sent BNI a fax that stated, �The
price for the audit seems too low. Would you consider paying $1,200?� BNI received the fax. The
next day, Dan offered to conduct the audit for $800. On learning of Dan�s offer, Carol
immediately e-mailed BNI, agreeing to do the work for $1,000. BNI received this e-mail on May
7. what would be the law on this?

Asked on 11/28/11, 10:57 am

Michael Markowitz Michael A. Markowitz, PC

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Please do not post homework assignments.

Answered on 11/28/11, 11:03 am

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