Question
On 1/1, Y offers to sell his house to X for $400,000 and promises in a signed writing to keep the offer open until 1/30.
On 1/1, Y offers to sell his house to X for $400,000 and promises in a signed writing to keep the offer open until 1/30. On 1/15, X writes to Y: "I'll buy your house for $399,900." The letter is received by Y on 1/18. On 1/29, X faxes Y: "I accept your offer of 1/1 and will buy your house for $400,000." Y refuses to sell. If X sues Y, the most likely result is:
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Ethical Problems In The Practice Of Law Concise Version
Authors: Lisa G. Lerman, Philip G. Schrag
4th Edition
1454891289, 978-1454891284
