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Other Fields Homework Help Business Topic started by: Desolo on Apr 2, 2014



Title: George made an offer to Jacob to sell his house for $1 million. The offer was re
Post by: Desolo on Apr 2, 2014
George made an offer to Jacob to sell his house for $1 million. The offer was received by Jacob on the 1st of May, and stipulated that he had 13 days to accept. But Jacob could not arrange the money, and on 16th May made a counteroffer to George to buy the house for $850,000. Which of the following is true about the original offer made by George to Jacob?
A) It is terminated by the counteroffer.
B) It is still valid as the house has not been sold.
C) It is invalid due to lapse of the stated time.
D) It is invalid due to incompetency of the offeree.

This is for my business law class, anything will help


Title: Re: George made an offer to Jacob to sell his house for $1 million. The offer was re
Post by: bbb on May 25, 2014
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Title: Re: George made an offer to Jacob to sell his house for $1 million. The offer was re
Post by: Desolo on May 28, 2014
Thanks a lot, truly the best free homework help website.


Title: Re: George made an offer to Jacob to sell his house for $1 million. The offer was re
Post by: bbb on Aug 27, 2014
Great! Here to help.