If an offer is made by letter, an acceptance by written reply takes effect from the time it is sent and not from the time it is received; hence, withdrawal of the offer by the offeror after that time is ineffective. If an offer contains alternative propositions, the party receiving the offer may elect between the alternative propositions.
Section: Previous 13-3-1 13-3-2 13-3-3 13-3-4 13-3-5 NextLast modified: October 14, 2016