Fresh Dairy Mart is the offeror and Gelato Company is the offeree under a unilateral sales contract in which Helado Corporation is also interested.Fresh is not notified of Gelato's beginning performance within a reasonable time.Fresh

Question

Quizplus · Accepted Answer

If the offeree, Gelato, does not notify the offeror, Fresh, of beginning performance within a reasonable time, then Fresh may treat the offer as having lapsed. This means that Fresh is no longer bound by the terms of the contract and is free to withdraw the offer. Therefore, A is the best choice. B, C, and D are not correct as they do not reflect the legal ramifications of an offeree failing to begin performance within a reasonable time.

Fresh Dairy Mart Is the Offeror and Gelato Company Is