Question
X offers to sell Y his land for a specified amount, and further promises to keep the offer open so that Y can consider his
X offers to sell Y his land for a specified amount, and further promises to keep the offer open so that Y can consider his acceptance until a specified date 30 days hence.While Y is thinking about the offer, X decides to revoke the offer and sends a fax to Y which he receives before Y has acted upon the offer.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Business Law and the Legal Environment
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Dean A. Bredeson
6th Edition
1285143310, 1111530602, 978-1285143316, 9781111530600, 978-1111530600
