Martin wrote Dall and offered to sell Dall a building for $200,000. he offer stated it would expire 30 days from April 1. Martin Changed his mind and does not wish to be bound by this offer. If a legal dispute arises between the parties regarding whether there has been a valid acceptance of the offer, which one of the following is correct?

If Dall categorically rejects the offer on April 10, Dall cannot validly accept within the remaining stated period of time.

Question

Alexzander Lamb

Business

11 October, 20:08

Martin wrote Dall and offered to sell Dall a building for $200,000. he offer stated it would expire 30 days from April 1. Martin Changed his mind and does not wish to be bound by this offer. If a legal dispute arises between the parties regarding whether there has been a valid acceptance of the offer, which one of the following is correct?

If Dall categorically rejects the offer on April 10, Dall cannot validly accept within the remaining stated period of time.

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Bobby · Answer 1

If the offer is rejected by the Dall then the offer is no more in place. The particular reason is that Martin is not required to tell Dall that the offer is no more in place. Suppose Martin is wishing to close his offer and till now Dall has not declined the offer. So Martin will have to communicate Dall that the offer is been closed. If Dall has communicated Martin that he has rejected the offer, then this means the offer essence has vanished. Hence Martin has no liability towards Dall, if Dall sues him.