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Studentka2010 [4]
3 years ago
10

A buyer offers the full $215,000 asking price for a house. The offer contains this clause: "Possession of the premises on August

1." The seller is delighted to accept the offer and signs the contract. First, however, the seller crosses out "August 1" and replaces it with "August 3," because of a business trip scheduled for the first of the month. The seller immediately books a moving company.. What is the status of this agreement?
Business
1 answer:
Sergio [31]3 years ago
6 0

Options:

) The man has accepted the woman's offer. Because the reason for the change was out of the man's control, the change is of no legal effect once he signed the contract. B) The man has rejected the woman's offer and made a counteroffer, which the woman is free to accept or reject. C) While the man technically rejected the woman's offer, his behavior in scheduling movers creates an implied contract between the parties.

Answer: The man has rejected the woman's offer and made a counteroffer, which the woman is free to accept or reject.

Explanation: Since there has been an alteration in the content of the initial agreement between the buyer and the seller, the agreement has become void and hence, the changes makes it a counteroffer which the buyer is free to accept or reject. Even though the change in the initial agreed document is the date, it is enough to render the initial document void as the terms is no longer consistent with what the potential buyer read and signed on.

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