Asked by Shelby Bliss on Jul 06, 2024
Verified
Why is the case of Dickinson v. Dodds important?
A) It confirms that contracts must be in writing to be valid.
B) It says that property can be sold to two different purchasers.
C) It clarifies that when an offeror says an offer will remain open, it must remain open.
D) It illustrates the nature of an offer.
E) It determines that offers, once made, can never be revoked.
Revoked
The act of officially canceling or withdrawing something, such as a license, permission, or legal right.
Dickinson V. Dodds
A landmark case in contract law, dealing with the revocation of offers.
- Recognize the implications of specific contract law cases and their contributions to the understanding of contract principles.
Verified Answer
DB
Dalila BustosJul 10, 2024
Final Answer :
D
Explanation :
Dickinson v. Dodds (1876) is significant because it illustrates the nature of an offer, specifically demonstrating that an offer can be revoked before it is accepted, even if the offeror has promised to keep the offer open for a certain period of time. This case clarified that such a promise, without consideration, does not bind the offeror.
Learning Objectives
- Recognize the implications of specific contract law cases and their contributions to the understanding of contract principles.