Counter - offer and death - termination of an offer, Business Law and Ethics

Counter - offer and Death - Termination of an Offer

Counter - offer

However a counter - offer is constituted through the offeree's qualified acceptance that in itself grow to be the fresh offer and cancels the original offer like e.g. of Hyde v. Wrench - in whether the "acceptance" for buy the house to £950 was held to have cancelled the offer to sell whereas at £1,000.

Death

Well the death of either party previous to acceptance terminates a specific offer.  Conversely the offer only lapses whether notice of death of the one is given for the other.  Thus as was the case in the Bradbury v Morgan Mellish Js dictum in Dickinson V Dodds is then emphatic after the offeror dies his offer cannot be accepted.

Posted Date: 1/22/2013 1:50:19 AM | Location : United States







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