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Kendrick Overhears Eric's Offer to Sell Greg a Boat for $1,000

Question 44

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Kendrick overhears Eric's offer to sell Greg a boat for $1,000. Greg declines the offer, but Kendrick immediately says "I accept." Eric does not want to sell the boat to Kendrick because he is afraid that Kendrick will not immediately pay him. Also, he thinks Kendrick is a complainer and will find something to complain about regarding the sale. Is Eric obligated to sell the boat to Kendrick, and why or why not? Also, discuss what you believe the ethical rule should be on this issue.

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No, Eric is not required to sell the boa...

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