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Source Offer Contracts and UCC Article 2 Matched to this deck.

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0 tracked cards Contracts

A seller mailed an offer to sell a signed baseball to a buyer and stated that acceptance by mail was permitted. The buyer mailed an acceptance on Tuesday at noon. The seller mailed a revocation on Tuesday afternoon. The buyer received the revocation on Wednesday, and the seller received the acceptance on Thursday.
Which statement best describes the timing rules?

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The seller's revocation is effective only if the buyer subjectively expected it. A properly dispatched acceptance is generally effective on dispatch unless the offer provides otherwise, while revocation is generally effective on receipt. The mailbox rule applies only to contracts for land. The buyer's acceptance is effective only if the seller confirms it after receipt.

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