Question

Jennifer contracts to purchase Allison's house when Allison is transferred out of the state. The contract calls for monthly payments but allows Jennifer to pay the remaining balance at any time. Jennifer, on June 1, sends Allison an offer to pay the balance. Allison receives the offer on June 2, but sets it aside until October 1. When Allison realizes that Jennifer has not made any payments for four months, she threatens to sue Jennifer for breach of contract. Discuss the legal rules governing this situation.

Answer

This answer is hidden. It contains 341 characters.