Martin offered to buy the property for $200,000, "offer to remain open until 5:00 p.m. on Thursday, January 21, 2011." Which one of the following situations will not cause the offer to end?
A) Martin sells the property to another party before the expiration of the period stipulated and before hearing from the offeree.
B) Insanity of the offeror before the offer is accepted
C) The offeree has not accepted and the stipulated time has expired.
D) Death of offeror
E) A counter-offer from the offeree

Question

Quizplus · Accepted Answer

Martin selling the property to another party does not directly end the offer unless communicated to the offeree. The offer remains open until the offeree is informed or the time expires.

Martin Offered to Buy the Property for $200,000, "Offer to Remain