On December 1, Seller sent Buyer an offer to sell 5,000 widgets to Buyer for $25 apiece.
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On December 1, Seller sent Buyer an offer to sell 5,000 widgets to Buyer for $25 apiece. The offer stated: “The offer will remain open until December 31.” On December 10, Buyer answered:
“The price is too high; I don’t accept your offer.” Then, on December 15, Buyer changed his mind and sent a telegram stating: “I accept your December 1 offer after all.” Seller replied:
“Your acceptance is too late, since you already rejected the offer.”
In turn, Buyer answered: “The acceptance is good, you promised to keep your offer open until December 31.” Is there a contract under the CISG?256 Is Silence Acceptance Under the CISG?
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Related Book For
International Business Law
ISBN: 9780133468717
6th Edition
Authors: Ray August, Don Mayer, Michael Bixby
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