Question: A gratuitous offer does not usually create a contract. True False Sally sends an offer to Bud to purchase Bud's cabin for $55,000. After sleeping

A gratuitous offer does not usually create a contract.

True

False

Sally sends an offer to Bud to purchase Bud's cabin for $55,000. After sleeping on the idea, she changes her mind and sends Bud a letter revoking her offer. Her revocation is effective when:

A. Bud receives it.

B. She mails it.

C. She signs it.

D. (None of the above)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!