25.4k views
1 vote
Darla offers to pay Edward $6,000 for Edward's car, provided that Darla receives that much from her uncle's estate, which is currently being probated. She expects to know for sure how much she will receive within a week or so. In this case:

User Chmike
by
7.3k points

1 Answer

6 votes

Answer:

Darla's consideration ($6,000) is subject to a condition. If this condition doesn't occur first, then the offer is terminated and no contract exists. A conditional offer is only binding after the condition actually occurs, e.g. if Darla receives $6,000 or more from her uncle's estate, then she has a binding contract with Edward.

User Arul
by
7.2k points