Luke Offered to Sell His Farm to Kent at $75,000

question 35

Multiple Choice

Luke offered to sell his farm to Kent at $75,000, an offer which Kent declined. A week later, Luke offered to sell the farm for $65,000, stating it was the final offer that would be valid for one month only. Two days later, Kent offered to pay $60,000 for the farm. Luke received Kent's offer a week later and he declined it. After ten days, Kent agreed to buy the farm for $65,000, but Luke refused to sell the farm. Kent decided to sue Luke for a breach of contract. The judge ruled in favor of Luke. Which one of the following is the reason for the ruling in Luke's favor?

• A) Luke's original offer of $75,000 is still valid, even though rejected.
• B) Kent's counteroffer of $60,000 had rendered the offer for $65,000 invalid.
• C) Kent's acceptance was past the set time period in the offer.
• D) Kent acted in an incompetent manner toward the offer.

---

Definitions:

Enlist

To voluntarily sign up for military service or, more broadly, to join an organization or cause.

Union Forces

The armed forces of the United States (the North) during the American Civil War.

1863

The year 1863 is notable for several historical events, including the Emancipation Proclamation in the United States, which declared the freedom of slaves in Confederate-held territory during the American Civil War.

Northern Soldiers

Refers to the soldiers from the Union states who fought in the American Civil War against the Confederate states of the South.