Question: On January 1 , 2 0 2 1 , Madison, a real estate broker, mailed to Albert a signed, written offer to buy Albert's house.
On January Madison, a real estate broker, mailed to Albert a signed, written offer to buy Albert's house. A stipulation was included that required telephone notification of when the acceptance was placed in the mail. On January Albert dispatched a signed acceptance of the offer. On January Alberta also called Madison to inform her that the acceptance was placed in the mail. On January realized he did not place enough postage on the envelope. Also on January Madison mailed Albert a letter stating that she was revoking her offer immediately. On January Madison called Albert to inform him of the immediate revocation. On January in the morning, Madison finally received Albert's acceptance. On January in the afternoon, Albert receives Madison's immediate revocation. A A contract was formed on January B No contract was formed as of January C A contract was formed on January D No contract was formed as of January E No contract was formed because stipulations must be followed
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
