Assignment task:
Donna and David were negotiating over the price of a car. Donna stated, "I offer my 1937 Rolls-Royce Bentley to you for $1,000,000." David replied, "Well, that seems a bit steep. How about I give you $600,000?" The next day, David phoned Donna and said, "OK, I'm willing to pay $1,000,000 for the Rolls-Royce Bentley." Donna refused to sell the vehicle. If David institutes an action against Donna, the court will likely find that: David should win, because both he and Donna negotiated a price of a $1,000,000 for the vehicle. David should win, if he can prove that Donna was unreasonable during the negotiations. Donna should win, because her valid offer created a power of acceptance in David, which he chose to reject with his counteroffer. Donna should win, because her original offer was invalid.