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16 September, 17:30

A buyer submits an offer to the seller. While the seller is considering the offer, the buyer calls and cancels the offer, saying the home was too expensive. The seller protests, claiming she was going to accept the contract. Which of the following is true?

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  1. 16 September, 17:33
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    The original order is cancelled and the protest means nothing

    Explanation:

    An offer becomes a purchase when the purchase agreement is signed.

    In the above question the buyer has just made an offer to the seller and no agreement has been signed between them. so here its appropriate to conclude that the original order is cancelled and the protest means nothing
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Home » Business » A buyer submits an offer to the seller. While the seller is considering the offer, the buyer calls and cancels the offer, saying the home was too expensive. The seller protests, claiming she was going to accept the contract.
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