10.7 …show more content…
Also, an acceptance has to be met when a counter offer is present and has to be accepted otherwise its not considered binding. Another important part for a valid contract is that there needs to be acceptance in the meeting of the minds. In the case of Durick and Andrus, an offer was made when Durick proposed to Andrus that he needs to renew his policy, but Andrus stated that he would only accept the new policy and counter offered. In order to have a valid contract there needs to be meeting of the minds and offer and acceptance should be present. Andrus didn’t want the $48,000 policy so there was no acceptance made.
Andrus wins this