NH Bar Practice Questions - New Hampshire Bar Examination (UBE) Exam

An offeree receives an offer to buy goods and, before accepting, the offeror dies. At common law, the offer:

Remains open and may still be accepted by the offeree Converts into an irrevocable option Is automatically terminated by operation of law upon the offeror's death May be accepted only by the offeror's estate

Correct Answer:

Is automatically terminated by operation of law upon the offeror's death

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