Practice question
An ordinary offer grants ten days to accept but no separate option consideration. Before acceptance the offeror communicates withdrawal. All applicable 1324 conditions are stipulated. Is the unexpired period alone conclusive against withdrawal?
- No; the article distinguishes that offer from a consideration-supported option.
- Every stated period necessarily is an irrevocable paid option.
- Only the offeree may withdraw the other party’s offer.
- Withdrawal never requires communication.
- The tenth day automatically proves acceptance occurred earlier.
Legal references
- Civil Code Articles748,1306,1319-1326,1356-1368,1372,1376 and1382-1389: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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