Martin Offered to Buy the Property for $200,000, "Offer to Remain

question 85

Multiple Choice

Martin offered to buy the property for $200,000, "offer to remain open until 5:00 p.m. on Thursday, January 21st." Which one of the following situations will not cause the offer to end?

• A) Insanity of the offeror before the offer is accepted
• B) Martin sells the property to another party before the expiration of the period stipulated and before hearing from the offeree.
• C) A counter-offer from the offeree
• D) Death of offeror
• E) The offeree has not accepted and the stipulated time has expired.

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