Who Controls an Option Agreement? Takashi Osaka offered to sell Andras Galai a collection of rare Japanese prints for $755,000. Galai requested time to consider the offer, and Osaka agreed to hold the collection for Galai for one week in return for Galais payment of $755. Osaka died several days later. When Galai tendered the $755,000, the executor refused to deliver the collection, claiming that death had revoked the offer. The court ruled otherwise, with judgment given to the offeree based on the option agreement between Galai and the deceased.