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Roy says to Tyler, "I'll sell you my laptop for $100." Tyler asks "Will you give me until tomorrow to make up my mind?" "Sure" Roy says.

Can Roy revoke his offer?
A. Yes
B. No
C. It depends
D. None of the above

1 Answer

5 votes

Final answer:

Roy's ability to revoke the offer depends on if Tyler provided consideration for holding the offer open until the next day; without consideration, the offer is likely revocable. Option C.

Step-by-step explanation:

The question pertains to whether Roy can revoke his offer to Tyler regarding the sale of his laptop. In most cases, an offer can be revoked before it has been accepted.

However, Roy gave Tyler until 'tomorrow' to make up his mind, which could be interpreted as granting an option, this is essentially a promise to keep the offer open for a specified period.

If Tyler provided consideration for this option (something of value in return for keeping the offer open), then Roy would not be able to revoke the offer during this period. Without consideration, the offer may be revocable. The answer to whether Roy can revoke his offer would be 'C.

It depends', particularly on whether or not there was consideration for the option to hold the offer until tomorrow.

Option C.

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