Essay
Canary offers in writing to sell her ranch to Erik for $150,000. A week later, when Erik is about to mail his acceptance, Canary dies in an auto accident. Canary's heir informs Erik that she is no longer interested in selling the ranch. Erik decides to move to court, stating that the offer cannot be revoked since he had already accepted the offer and was about to mail it. Analyze the case and discuss what the court is likely to rule?
Correct Answer:
Verified
An offer is terminated due to the offero...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q40: An option offer is open for a
Q46: A voidable contract is an agreement when
Q47: The mirror image rule is the same
Q48: Steve, 17, intentionally misrepresents his age while
Q49: A unilateral contract is an agreement with
Q50: According to the mirror image rule, _.<br>A)
Q52: Kaylie and Josh visit Alice Jewels to
Q53: Ana offers Corey her vacuum cleaner for
Q54: Tony's Carpets wants to charge $9.80 a
Q55: Hans is notified that her mortgage with