Dick offered to sell Jane his property. Before Jane can accept the offer, lightning strikes the house, starting a fire and it is totally destroyed. Which of the following is true? Group of answer choices The offer is terminated by operation of law. Jane can still accept the offer, and if she does, Dick must sell it to her at a discounted price for the value of the remaining land. Jane can still accept the offer. She will be entitled to the insurance proceeds. Dick can still revoke his offer, so long as he does so before Jane accepts.
Dick offered to sell Jane his property. Before Jane can accept the offer, lightning strikes the house, starting a fire and it is totally destroyed. Which of the following is true? Group of answer choices The offer is terminated by operation of law. Jane can still accept the offer, and if she does, Dick must sell it to her at a discounted price for the value of the remaining land. Jane can still accept the offer. She will be entitled to the insurance proceeds. Dick can still revoke his offer, so long as he does so before Jane accepts.
Question
Dick offered to sell Jane his property. Before Jane can accept the offer, lightning strikes the house, starting a fire and it is totally destroyed. Which of the following is true?
Group of answer choices
The offer is terminated by operation of law.
Jane can still accept the offer, and if she does, Dick must sell it to her at a discounted price for the value of the remaining land.
Jane can still accept the offer. She will be entitled to the insurance proceeds.
Dick can still revoke his offer, so long as he does so before Jane accepts.
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