(25) points will be awarded for a correct, thoughtful response to a question. In your response you must provide a source for the law or laws that support your conclusion (which will be a citation to the textbook). If your response does not have a source of law, then it is merely opinion. Law is formed by caselaw, statutes and regulations; both state and federal; also to a lesser degree by city ordinances. Your textbook summarizes the law to the degree necessary for this course. Please also provide the necessary elements to form a legally binding contract in your answer. Expound in depth where necessary to support your conclusion. It is encouraged to have more than one answer to a question as the first responders are not always correct or awarded full points for having a meaningful response. Hello, my question for the class is:
If I am purchasing car parts on a website, and I place the order, but it is still processing through my bank and I do not receive an order confirmation, was a legally binding contract formed?
Looking for a good suspension for your car, you find some good springs to lower it for a good price. You purchase the springs for your car and place the order. It is taking time to process through your bank, and you have yet to receive a confirmation email.
Would the offer be accepted even though the bank has not processed the purchase and I did not receive the confirmation email of the purchase?
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