Offer and Acceptance

 

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle gave Mr. Plant two thumbs up.

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle immediately wrote Mr. Plant a check for $400 USD.

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle said, “I might agree to that.”

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle said, “That’s too expensive, I will buy it for $350.”

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle said, “WHAT?  That’s very expensive for an earring that I have not seen, but fine!”

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle said, “I accept, but only if the diamonds are at least 2 carats big in total.”

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle said, “I accept, but only if that diamond is real.”

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Ms. Dolittle said to Mr. Plant after four days, “I want that diamond earring.”

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Mr. Dolittle said, “That’s a good price, I want that earring.”

Does this create a binding contract?

• Yes

• No

Mr. Plant told Ms. Dolittle, “I will sell you a beautiful diamond earring if you pay me $400 USD. The offer is good for three days.”

Mr. Plant drowned after falling into a pool and tragically died one day after the offer was made.

Does this create a binding contract?

• Yes

• No