In Parker v.Glosson,concerning the proposed contract to buy a truck stop business,the courts held that the offer to buy the business had been:
A)properly accepted,so there was a binding contract
B)accepted with minor modifications that were not critical to the intent of the contract,so it was binding
C)rejected because it was not fully executed by both sellers
D)rejected because of the death of one of the parties before the contract was completed
E)none of the other choices

Question

Quizplus · Accepted Answer

The court held that the offer was rejected because it was not fully executed by both sellers, which is necessary for a binding contract.

In Parker V