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MMLU / James makes a written offer to Fred for the sale of land for …

Problem

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question

James makes a written offer to Fred for the sale of land for $100,000. In this offer, James states, "This offer will not be revocable for a ten-day period of time." The offer was signed on April 1, mailed to Fred on April 3 and received by Fred on April 5th. Which of the following is true?

choices

  1. Fred's unqualified acceptance on April 10 will not create a contract.
  2. Fred's acceptance on April 5 will not create a contract if James dies on April 4.
  3. Fred stating on April 5, "I accept your offer, but will pay only $90,000" creates a contract.
  4. Fred's unqualified acceptance on April 15 will not create a contract.

subject

professional_law

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