Spiderman offered, in writing, to sell Black Widow a piece of land for $200 Spiderman signed the offer and wrote that it was contingent on Black Widow accepting within 10 days. On day five, Spiderman received and accepted a bet offer from Captain America and transferred the land to Captain America on tha day. Black Widow, who didn't know about the sale to Captain America, called Spiderman on day seven and accepted his offer. Spiderman told Black Widow was too late, that he got a better offer from Captain America, and that Captain America now owned the land. Black Widow sues Spiderman for breach of contract. Judgment for whom? Choose the best answer. Judgment for Black Widow, because Spiderman's offer was irrevocable for ten days, and Black Widow accepted on the seventh day Judgment for Spiderman, because her offer was revocable Judgment for Black Widow, because Spiderman's offer was in writing Judgment for Spiderman, because even if Spiderman is liable to Black Widow, there's no other legal remedy for this situation because Captain America now owns the land

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter12: Nonrecognition Transactions
Section: Chapter Questions
Problem 55TA
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Spiderman offered, in writing, to sell Black Widow a piece of land for $200,000.
Spiderman signed the offer and wrote that it was contingent on Black Widow
accepting within 10 days. On day five, Spiderman received and accepted a better
offer from Captain America and transferred the land to Captain America on that
day. Black Widow, who didn't know about the sale to Captain America, called
Spiderman on day seven and accepted his offer. Spiderman told Black Widow it
was too late, that he got a better offer from Captain America, and that Captain
America now owned the land. Black Widow sues Spiderman for breach of
contract. Judgment for whom? Choose the best answer.
a. Judgment for Black Widow, because Spiderman's offer was irrevocable for ten
days, and Black Widow accepted on the seventh day
b. Judgment for Spiderman, because her offer was revocable
c. Judgment for Black Widow, because Spiderman's offer was in writing
d. Judgment for Spiderman, because even if Spiderman is liable to Black Widow,
there's no other legal remedy for this situation because Captain America now
owns the land
Transcribed Image Text:Spiderman offered, in writing, to sell Black Widow a piece of land for $200,000. Spiderman signed the offer and wrote that it was contingent on Black Widow accepting within 10 days. On day five, Spiderman received and accepted a better offer from Captain America and transferred the land to Captain America on that day. Black Widow, who didn't know about the sale to Captain America, called Spiderman on day seven and accepted his offer. Spiderman told Black Widow it was too late, that he got a better offer from Captain America, and that Captain America now owned the land. Black Widow sues Spiderman for breach of contract. Judgment for whom? Choose the best answer. a. Judgment for Black Widow, because Spiderman's offer was irrevocable for ten days, and Black Widow accepted on the seventh day b. Judgment for Spiderman, because her offer was revocable c. Judgment for Black Widow, because Spiderman's offer was in writing d. Judgment for Spiderman, because even if Spiderman is liable to Black Widow, there's no other legal remedy for this situation because Captain America now owns the land
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