Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

x = The Life of an offer a A o Dickinson v Dodds (1876) 2 Ch D 463 (CA) George Dickinson was one of several

image text in transcribed
image text in transcribed
x = The Life of an offer a A o Dickinson v Dodds (1876) 2 Ch D 463 (CA) George Dickinson was one of several people interested in buying a piece of land from John Dodds. On Wednesday, John wrote to George, offering to sell the property and promising to hold that offer open until Friday morning. While George was considering his options on Thursday, he learned that John was negotiating with another potential buyer. George immediately tried to accept the offer, but he was unable to find John that night. He finally caught up with him the next morning and expressed his desire to buy the property. By that time, however, George had learned from a third party that John had already sold to someone else. George sued John for failing to fulfill his promise to keep the offer open. The lawsuit George sued John for failing to fulfill his promise to keep the offer open. The lawsuit failed. The court held that John's promise was unenforceable because it was entirely gratuitous.377 George had not provided anything of value in exchange for John's promise to hold his offer open until Friday x = The Life of an offer a A o Dickinson v Dodds (1876) 2 Ch D 463 (CA) George Dickinson was one of several people interested in buying a piece of land from John Dodds. On Wednesday, John wrote to George, offering to sell the property and promising to hold that offer open until Friday morning. While George was considering his options on Thursday, he learned that John was negotiating with another potential buyer. George immediately tried to accept the offer, but he was unable to find John that night. He finally caught up with him the next morning and expressed his desire to buy the property. By that time, however, George had learned from a third party that John had already sold to someone else. George sued John for failing to fulfill his promise to keep the offer open. The lawsuit George sued John for failing to fulfill his promise to keep the offer open. The lawsuit failed. The court held that John's promise was unenforceable because it was entirely gratuitous.377 George had not provided anything of value in exchange for John's promise to hold his offer open until Friday

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

CPA Comprehensive Exam Review Auditing And Attestation

Authors: Nathan M. Bisk

43rd Edition

088128095X, 978-0881280951

More Books

Students also viewed these Accounting questions

Question

Explain all drawbacks of application procedure.

Answered: 1 week ago