Option contracts and firm offers under the UCC
Question # 00794542
Posted By:
Updated on: 02/17/2021 08:45 AM Due on: 02/17/2021
option contracts and firm offers under the UCC
If you were to sell a piece of property to someone but the person was not yet sure he or she wanted it, and you agreed in writing to keep the offer open for 1 year, could that person sue you if you sold the property to someone else who offered me more money before the year was up?
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Rating:
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Solution: Option contracts and firm offers under the UCC