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M agreed on Monday to sell his property to N by a written agreement which stated that “This Offer to be left open until Saturday 10 a.m.” In the meantime on Wednesday, M enters into a contract to sell the property to O.N, Who was sitting in the next room, hears about the deal between M & O. On Friday N accepts the offer and delivers to M the letter of acceptance. Is N’s acceptance valid? Give reasons. (3 MARKS)?
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M agreed on Monday to sell his property to N by a written agreement wh...
And O and immediately contacts M to exercise his right to purchase the property based on the offer that was left open until Saturday 10 a.m.

M cannot sell the property to O as he has already entered into a binding agreement with N, and N has the right to enforce the contract. The agreement clearly stated that the offer was to be left open until Saturday 10 a.m., and M cannot withdraw or revoke the offer before that time.

Therefore, N has the legal right to purchase the property from M as per the agreement, and M cannot sell the property to O or any other party until the offer to N has expired or been terminated by mutual agreement.
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M agreed on Monday to sell his property to N by a written agreement which stated that “This Offer to be left open until Saturday 10 a.m.” In the meantime on Wednesday, M enters into a contract to sell the property to O.N, Who was sitting in the next room, hears about the deal between M & O. On Friday N accepts the offer and delivers to M the letter of acceptance. Is N’s acceptance valid? Give reasons. (3 MARKS)?
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M agreed on Monday to sell his property to N by a written agreement which stated that “This Offer to be left open until Saturday 10 a.m.” In the meantime on Wednesday, M enters into a contract to sell the property to O.N, Who was sitting in the next room, hears about the deal between M & O. On Friday N accepts the offer and delivers to M the letter of acceptance. Is N’s acceptance valid? Give reasons. (3 MARKS)? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about M agreed on Monday to sell his property to N by a written agreement which stated that “This Offer to be left open until Saturday 10 a.m.” In the meantime on Wednesday, M enters into a contract to sell the property to O.N, Who was sitting in the next room, hears about the deal between M & O. On Friday N accepts the offer and delivers to M the letter of acceptance. Is N’s acceptance valid? Give reasons. (3 MARKS)? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for M agreed on Monday to sell his property to N by a written agreement which stated that “This Offer to be left open until Saturday 10 a.m.” In the meantime on Wednesday, M enters into a contract to sell the property to O.N, Who was sitting in the next room, hears about the deal between M & O. On Friday N accepts the offer and delivers to M the letter of acceptance. Is N’s acceptance valid? Give reasons. (3 MARKS)?.
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