G offers to sell property to H, and states that she will keep the offer open for six weeks if H gives her £1. H does so. Before the six weeks are up, G revokes the offer by giving notice to H. Does H have a remedy against G?

Question

Quizplus · Accepted Answer

H has a remedy against G because the payment of £1 by H in exchange for G's promise to keep the offer open for six weeks creates an option contract, which is legally binding and cannot be revoked by G before the expiration of the agreed period.

G Offers to Sell Property to H, and States That