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On March 1, Jeremy offered to sell his bicycle to Tyler for $100. Jeremy did not specify a deadline for Tyler to accept the
On March 1, Jeremy offered to sell his bicycle to Tyler for $100. Jeremy did not specify a deadline for Tyler to accept the offer. On March 15, having not heard from Tyler, Jeremy gave the bicycle to his nephew. On October 1, unaware that Jeremy no longer owned the bicycle, Tyler informed Jeremy that he was "accepting" the offer of the bicycle for $100. What is the status of Jeremy's offer on October 17 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Jeremy's offer expired on March 15 because he no longer owned the bicycle. b Jeremy's offer was still available for acceptance because he failed to notify Tyler he was revoking his offer. 3 Jeremy's offer lapsed because a reasonable period of time had passed between the time of the offer and Tyler's acceptance. d Jeremy's offer was still alive because he did not include a deadline for acceptance in his original offer to Tyler.
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