Brian offers to sell Jerry his house, but a hurricane destroys the house before Jerry accepts the offer. What would be the possible outcome of this offer?
A. If the offer is not revoked within a week after the incident took place, the offer is considered to be open and Jerry can claim the recovery charges.
B. Jerry must be paid the recovery charges for losing the house as he had already been offered by Brian.
C. A written statement must be produced to the court of law to terminate the offer.
D. The offer is terminated when the house is destroyed as it happened without the knowledge or fault of either of the parties.
Answer: D
You might also like to view...
The introduction of consumer VCRs in the late 1970s initiated a revolutionized in-home electronic entertainment. For example, assuming the user could learn to set the timer, he or she could tape programs to watch at a later time
The VCR's popularity also gave rise to an entirely new retailing concept, the video rental store. What type of innovation did the consumer VCR represent? A) a continuous innovation B) a dynamically continuous innovation C) a discontinuous innovation D) a comparative innovation E) none of the above
Frequently purchased, relatively low-cost products for which customers have little interest in seeking new information and rely heavily on prior purchase behavior are called ________ goods.
A. specialty B. convenience C. shopping D. unsought E. consenting
A jury that cannot come to a unanimous decision about the defendant's guilt is called a(n) ________
A) open jury B) grand jury C) hung jury D) struck jury
As a part of the Marine Protection, Research, and Sanctuaries Act, dumping wastes and other foreign materials into ocean waters are statutorily prohibited with no alternatives like permits, licenses, and mandatory checks
Indicate whether the statement is true or false