Business, 23.03.2021 03:50 jsbappelp4ipbn

Marge, a sports collector, puts an ad in her company's newsletter saying she would pay $400 for a specific Kobe Bryant rookie basketball trading card. She said she would pay the first person who accepted her offer by bringing her the card. Marge then decides she would rather buy some new shoes, and changes her mind about investing in the card. Marge posts a sign at her office's executive break room saying the offer is no longer valid. A foreman from a branch plant read the newsletter ad and drove two hours to the Chicago main office to see Marge. When he walked in her office and said "I've brought your card" she replied, "But I don't want it anymore." What result? Group of answer choices Since the contract was executory, she has no legal obligation to the foreman. Marge does not owe him any money because she had already revoked the offer. Based on promissory estoppel, Marge will have to pay the reasonable value of the card. Marge must pay him the $400 because he accepted the offer.

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