Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

تمرين 32

Siblings Cynthia Easterling and Rhett Russell were the sole members of a limited liability company formed to purchase real estate. After several years in business, the two began discussing the idea of dissolving the company and distributing its properties. Easterling proposed a division of property in a letter to Russell, the text of which consistently referred to its contents as a settlement "offer." In her letter, she divided the property into two parts, labeled Exhibit A and Exhibit B, and gave Russell the choice of either property. Russell responded in writing that he accepted Easterling's offer and chose Exhibit A as his property distribution. He then proceeded to have deeds to the property recorded in the chancery clerk's office. Easterling sued to set aside the deeds, claiming there was no binding contract, because Russell had not specifically addressed all of the terms of her offer. Was their contract valid? [ Easterling v. Russell , 2015 WL 1198651 (Miss. Ct. App.)