Question
Humphrey pays Doug $250 for a sixty-day option to buy Doug's farm. Near the end of the option period, Humphrey asks for and gets a
Humphrey pays Doug $250 for a sixty-day option to buy Doug's farm. Near the end of the option period, Humphrey asks for and gets a fifteen-day extension. No money was paid for the extension. Doug withdraws the offer after the original sixty-day period but within the fifteen-day extension. Can Doug legally revoke the offer? Why or why not?
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Legal Research Analysis and Writing
Authors: William H. Putman, Jennifer Albright
3rd edition
9781285415086, 1133591906, 1285415086, 978-1133591900
