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Question #1 (3 marks)Ms. Grimes sent a letter to Mr. Howard, offering to sell him her collection of Canadian oil paintings.  Her letter stated the following:MEMO FROM: R. GrimesTO: T. HowardDATE: January 1, 2016I hereby agree to sell to T. Howard my entire collection of Canadian oil paintings (6 paintings in total) for the sum of $1 million. This offer is open until Monday, January 4, 2016, at 9:00 a.m. On Sunday, January 3, 2016, Ms. Grimes decided to sell the paintings to her well-to-do n ...

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Tags: Canada Calgary Management account and law University of Ottawa Management 

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