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What is the effect of the withdrawal of ravin offer

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Reference no: EM132921620

Ravin offered to construct the house of Sophia for a very reasonable price of P900,000.00, giving the latter 10 days within which to accept or reject the offer. On the fifth day, before Sophia could make up her mind, Ravin withdrew his offer.

a) What is the effect of the withdrawal of Ravin's offer?

b) Will your answer be the same if Sophia paid Ravin P10,000.00 as consideration for that option?

c) Supposing that Sophia accepted the offer before Ravin could communicate his withdrawal thereof? Discuss the legal consequences.

Reference no: EM132921620

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