Contracts
A Louisiana buyer makes an offer with an acceptance deadline of 5:00 PM Friday. The seller signs the offer at 4:55 PM Friday but the buyer's agent does not receive notification until 6:00 PM. Is there a valid contract?
AYes, because the seller signed before the deadline
BIt depends on whether the contract specifies notification or execution as the deadline✓ Correct
CNo, because notification was after the deadline
DYes, because Louisiana law only requires execution before the deadline
Explanation
Louisiana contract law requires analysis of whether the acceptance was communicated (notification) or merely executed (signed) before the deadline. If the contract specifies notification by the deadline, late notification may void the acceptance. Contract language controls.
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