Assume Sprocket Gears (Sprocket) requests a quote from the M…
Assume Sprocket Gears (Sprocket) requests a quote from the Metal Company (Metal) for titanium ingots. Metal Company only makes metal ingots and has been in business for over one hundred years. The company sends to Sprocket a signed offer to sell 100 ingots at $200 per ingot. The offer is good for ten days. Sprocket telephones Metal Company and accepts the offer a month after receiving it but Metal Company’s business manager refuses to fulfill the order. Sprocket brings a claim against Metal. What is the most likely result? (R)