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The City of New Madrid was selected as the host city for ...

Sent to Legal Experts May 04 3:04 a.m.

The City of New Madrid was selected as the host city for the State Bar Associations's annual meeting to be held October 10 - 15. On May 1st, the ABC Limo Company offered to lease fifteen limousines to the State Bar during the annual meeting for $2,000 per day. The offer stated that it would remain open until noon on September 1st .

On May 5th, ABC offered to hold the offer open until August 1st if the State Bar Association would pay $500.

On May 7th the State Bar paid $500.

On June 1st ABC telephoned the Bar withdrew their offer to lease 15 limos.

On June 15th the State Bar refused ABC's offer to lease the fifteen limousines.

On July 1st, the State Bar accepted ABC's offer to lease the 15 limousines.

On August 15th ABC sent a fax revoking their offer.

Discuss the parties' rights.

Optional Information:
Sacramento, California

Customer (name blocked for privacy)

Status: Closed Value: $45

Answer
May 04 3:19 a.m. (14 minutes and 37 seconds later)

ACCEPTED

The May 1 offer was a revocable offer when made, despite ABC's statement to the contrary. There was no consideration making it a binding option.

This changed when ABC accepted the $500 on May 7th. It became an irrevocable (on the part of ABC) option. Therefore the June 1 attempt to revoke was ineffective.

The offer/ option terminated, or was cancelled, when on June 15th the State Bar refused the offer.

So, on July 1st, there remained no current offer to accept, and the State Bar's attempt to accept was ineffective.

The August 15th fax from ABC was likewise ineffective. The offer was not on the table, having already, on June 15th, been rejected by the State Bar.

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Please be aware that I may not be licensed to practice law in your jurisdiction, and therefore am not giving you "legal advice". You understand that an attorney/client relationship is not to be established.

Winston Mortain -- Lawyer. -- 99% Positive Feedback on 547 Legal Accepts
27 years practice of law

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