Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › termination of the offer
- This topic has 5 replies, 2 voices, and was last updated 4 years ago by
Vijay.
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- August 4, 2020 at 6:52 am #579127
Good morning sir, may I ask a question of the termination of offer occurred in Chapter 4? When you explained the termination of offer when the notification of death informed, is it the case that when the offer hasn’t been accepted by the offeree, then the notification of death will end the contract and if it is the case that the offeree has become the acceptor, then the contract will still continue for non personal services? Thank you for reading through the quesiton!
August 4, 2020 at 1:10 pm #579191Hi Ichen, Yes this is the correct analysis. Well done.
Kind regards,
Vijay
August 4, 2020 at 2:07 pm #579198Hello and thank you so much for your reply! Just another question (sounds ridiculous), would it be the same if the offeree accepts the offer for buying the car and turns out the offeree passed away and will contract end or still continue?
August 4, 2020 at 4:07 pm #579218Hi Ichen,
If for example A (Offeror) offers to sell his car to B (Offeree) for say £20,000 and B (Offeree) accepts but later dies. There is still a contract in place and essentially the executors of B wll need to deal with the contract.
I hope this clarifies.
Kind regards,
Vijay
August 5, 2020 at 5:22 am #579285Hi, thank you for the explanation and solved my problem!
August 5, 2020 at 11:59 pm #579388My pleasure 🙂 Happy to help!
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