The language "I offer to sell you my 1974 White Ford Torino" is:
A)a valid offer.
B)not a valid offer because it lacks a definite price.
C)not a valid offer because there are no terms for payment.
D)not a valid offer because it is oral.

Question

Quizplus · Accepted Answer

The language "I offer to sell you my 1974 White Ford Torino" constitutes a valid offer as it contains a clear identification of the subject matter (the car) and an intent to enter into a contract. The absence of a definite price or terms of payment may be addressed during the negotiating process but does not necessarily invalidate the offer itself. The fact that it is communicated orally does not affect its validity, though it may be more difficult to prove in case of disputes.

The Language "I Offer to Sell You My 1974 White