Contracts
A Rhode Island seller accepts a buyer's offer, but the acceptance is communicated after the offer's stated expiration date. This acceptance is:
ABinding because the seller accepted
BA counteroffer, since the original offer had expired✓ Correct
CVoidable at the buyer's option
DEnforceable if the buyer proceeds to closing
Explanation
An offer expires at the stated deadline. Acceptance after expiration is legally treated as a counteroffer (or new offer), not as acceptance of the original offer. The buyer is not bound unless they accept the late acceptance/counteroffer.
Related Rhode Island Contracts Questions
- In Rhode Island, which doctrine allows a court to void a contract that was signed under extreme pressure or undue influence?
- An addendum to a real estate contract is best described as:
- A purchase and sale agreement signed by both parties is considered:
- In Rhode Island, what is 'constructive fraud'?
- An 'assignment' of a contract means:
- In Rhode Island, what does 'rescission' of a real estate contract mean?
- An earnest money deposit is BEST characterized as:
- What is 'parol evidence rule' in Rhode Island real estate contract law?
Practice More Rhode Island Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Rhode Island Quiz →