On October 1,Allan mailed an offer to Bob to sell to Bob 1000 boxes of tin plates at a fixed price.The offer was received by Bob on October 11,and Bob immediately accepted the offer by telegram on October 11 and confirmed by letter on October 15.On October 8,Allan mailed a revocation of his offer,which was received by Bob on October 20.In this situation
A)Allan's revocation is really a counter-offer.
B)Allan has no right to try to revoke his offer.
C)Allan's revocation comes too late and there is a contract between Allan and Bob.
D)Allan's revocation of his offer is proper and effective to prevent a contract between Allan and Bob.
E)none of the above

Question

Quizplus · Accepted Answer

Allan's offer was accepted by Bob before the revocation was received by him. According to the mailbox rule, the acceptance is valid as soon as it is dispatched by Bob. Thus, there was a contract between Allan and Bob before the revocation was received by Bob. The revocation was received by Bob after the formation of the contract, and therefore it was too late to prevent the contract from coming into existence.

On October 1,Allan Mailed an Offer to Bob to Sell