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Business, 22.04.2020 03:56 cuddleslugsovifat

On June 15. Peters orally offered to sell a used lawn mower to Mason for 5125. Peters specified that Mason had until June
20 to accept the offer. On June 16, Peters received an offer to purchase the lawn mower for 5150 from Bronson, Mason’s
neighbor. Peters accepted Bronson‘s offer. On June 17, Mason saw Bronson using the lawn mower and was told the
mower had been sold to Bronson. Mason immediately wrote to Peters to accept the June 15 offer. Which of the following
statements is correct?

a. Mason’s acceptance would be effective when received by Peters.

b. Mason‘s acceptance would be effective when mailed.

c. Peters’s offer had been revoked and Mason's acceptance was ineffective.

d. Peters was obligated to keep the June 15 offer open until June 20. (Law, #13. 3095)

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