Help pls Contract Law advise

Lam

2007-11-16 12:25 pm

On 15th, Arthur made a verbal offer to sell his bicycle to Morris for $5,000 and stated that the offer would be open for 3 days. On 17th, without hearing from Morris, Arthur telephoned Lawfan and made the same offer to her. Lawfan responded by saying "OK, I will buy your bicycle and pay you $2,500 first. As for the remaining $2,500, I will need to pay 2 installments."Arthur was upset about this and simply hung up. On 20th,

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Morris called Arthur to accept the offer, but Arthur had already decided not to sell the bicycle anymore. Arthur is now face with the competing demands from Morris and Lawfan, each alleging having made a contract for buying the bicycle. Advise Arthur.

回答 (1)

Chung Ki

2007-11-19 11:13 am

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First, I need to know what does 3days means, from 15th to 17th? or 18th? If it is 18th, then then it is a breach of contract, Arthur is not allowed to make a contract without telling Morris before the deadline. If the deadline is 17th, then it is alright for Arthur to make another contract with Lawfan, and the contract between Arthur and Morris is expired, so he doesn't have to sell the bicycle to Morris.
I didn't see clearly what Lawfan has said 'I will need to pay 2 installments.[[[[["]]]]]]Arthur was upset about this and simply hung up.'
Anyway, if Arthur is upset about what Lawfan has said then has doesn't have to sell the bicycle to him, because he has not agreed to sell it to him yet, so he can make a NEW contract about selling the bicycle to Morris if he would like to.

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