A buyer signs an offer and you submit it to the seller. What should the outcome be if the seller signs it and puts it in his desk drawer

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18-03-2022
Business

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A buyer signs an offer and you submit it to the seller. What should the outcome be if the seller signs it and puts it in his desk drawer

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-03-29T11:59:49+02:00

The fact that the buyer signs an offer and you submit it to the seller illustrates that the contract is non binding.

What is a contract?

A contract simply means an agreement between different parties that has been duly signed.

In this case, fact that the buyer signs an offer and you submit it to the seller illustrates that the contract is non binding.m because he wasn't informed of the sellers acceptance.

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