Legal Question in Consumer Law in Georgia
Contracts question from school assignment - Ones I cant answer
Tom offers to sell Drew an autographed football for $50. Drew responds 'No way! Keep your football!' Then, Drew thinks for a moment and says 'Never mind what I just said. I'll take it.' Has a valid contract been formed
Yes, in some jurisdictions, because Tom did not accept Drew's rejection of the offer.
No, in all jurisdictions, because Drew rejected the offer.
Yes, in some jurisdictions, because a reasonable period of time had not passed and so the offer had not lapsed.
Yes, in all jurisdictions, because Tom never pulled his offer off the table.
1 Answer from Attorneys
Re: Contracts question from school assignment - Ones I cant answer
In most, if not all, states, a counter-offer is deemed a rejection of the original offer.
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