On June 10,A delivered to B a written offer to sell his (A's) property to B for $6000.00.The offer stated that it would be open for acceptance until 9A.m.on June 12.On June 11,B heard that A was agreeing to sell or had sold his property to C.On the evening of June 11,B delivered an acceptance of A's offer to the place where A was staying and on the following morning personally delivered his acceptance to A,who declined the acceptance stating,"You are too late." In this situation
A) A's offer must remain open until 9 A.m.on June 12th.
B) B's acceptance of A's offer is a valid acceptance.
C) because B did not give A the money,there is no acceptance.
D) B's failure to accept A's offer immediately constitutes a rejection of A's offer.
E) having heard that A had sold or was selling the property to C, B knows A's offer has been revoked.
Correct Answer:
Verified
Q1: On June 1 George goes to Harry's
Q4: Revocation takes effect
A)when an offeror contracts with
Q6: On October 1,Allan mailed an offer to
Q11: Mary goes into a store in which
Q13: Use the fact situation in Q3 to
Q14: When an offer is not accepted,it will
A)lapse.
B)no
Q14: An acceptance of an offer must be
A)made
Q16: Use this fact situation to answer the
Q17: Use the fact situation in Q3 to
Q20: Joe sees a dog wandering around his
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents