Blueman Group is working on a contract to buy its own theater in Las
Blueman Group is working on a contract to buy its own theater in Las
Vegas from Elmer Fudd, a not-so-well known Las Vegas property owner. Elmer Fudd has asked $5 Million for the property. Blueman Group’s lawyer has made an offer of $2.5 Million. So far, you know no contract yet exists because of one of the key element of a contract is missing. That element is:
a. Offer
b. Counteroffer
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c. Consideration
d. Acceptance
e. None of the above.
