In the landmark case of Big v.Boyd Gibbons Ltd.,[1971] 2 All E.R.183 (C.A.) ,the court was asked to consider a disputed matter involving the revocation of a firm offer regarding the sale of land.What is meant by the term "firm offer"?
A) the consideration given in return for something to be received
B) an offer that is irrevocable prior to its acceptance
C) the monetary consideration exchanged for an offeree's promise
D) a promise to keep an offer alive for a set period of time
Correct Answer:
Verified
Q5: Which of the following would a court
Q6: Which of the following elements distinguishes the
Q8: On April 2,Tundra Outfitters Ltd.received an offer
Q9: Which of the following characterizes the method
Q10: What is the difference between the communication
Q10: Why is it important for the parties
Q13: What is the meant by the statement
Q14: Which of the following is a common
Q15: On Tuesday,Jatelle offered to sell one of
Q16: Madeline,a garment buyer,left Lance with her business
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