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Desolo Desolo
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Posts: 11831
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10 years ago
Peter has two houses that he plans to sell, numbered Lot 1 and Lot 2. Each priced at $800,000. David has shown interest in buying Lot 2, but could not make up his mind on the final offer, so he asks Peter to give him a week to decide and Peter accepts. But David takes two weeks to get back to Peter with a counteroffer. Before he could give David a reply to his counteroffer, Peter is killed in a fire that burned down Lot 1. Which of the following would be true of this case?
A) The offer is terminated due to lapse of time.
B) The offer is terminated due to destruction of the subject matter.
C) The offer is terminated due to death of the offeror.
D) David can still buy the house for Peter's original offer.

This is for my business law class, anything will help
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9 years ago
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Desolo Author
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#2
9 years ago
Thanks a lot, truly the best free homework help website.
Nicolejones2016
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#3
9 years ago
Great! Here to help.
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