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Author Question: When an offeree notifies the offeror that the offer will not be accepted, the offer remains ... (Read 134 times)

sabina

  • Hero Member
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on: Aug 3, 2018
When an offeree notifies the offeror that the offer will not be accepted, the offer remains outstanding for a reasonable time to allow the offeror to change his mind.
 
  Indicate whether the statement is true or false

Question 2

Phil executes a deed to Pam on April 1 . On April 5, Pam executes another deed to the same property to Sam. Sam records his deed on April 20 . If Sam is deemed to be the rightful owner, it will be because his state applies a system of:
 
  A. Notice
   B. Pure race
   C. Race-notice
   D. Perfection


cswans24

  • Sr. Member
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Reply #1 on: Aug 3, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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