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It seems to me a bit different. They offered initially $ 2,500. Then he replied saying that the price was $50,000. Then he rejected the offer of $ 50,000 and
by jaclaz 5y ago
It seems to me a bit different.
They offered initially $ 2,500.
Then he replied saying that the price was $50,000.
Then he rejected the offer of $ 50,000 and was offered first $ 100,000 and then (through a different agent) $ 200,000.
Of course IANAL (and know anyway very little of US Laws) but if this corporation really-really believed that the $50,000 reply actually amounted to a binding contract, they should have attempted to have it respected immediately, the two later offers, doubled each time, sound nothing like "good faith" (probably irrelevant in court, still ...).
- Ecco 5y agoI agree with you. I think they were willing to pay more than initially agreed to expedite the process. Since it didn’t work I’m pretty sure they’ll ask the court to execute the sale at $50k.
- jaclaz 5y agoWell "more" (to expedite the process) is not double or quadruple. At least when/where the object of the sale has a value that can objectively be estimated. Surely a reply like "The domain is not for sale." would have been better, but considering a one line reply (to an unknown/unverified correspondent) a binding contract sounds (to me) more than a bit "off".
- mr_toad 5y ago> Then he rejected the offer of $ 50,000 You can’t reject your own offer!
- jaclaz 5y agoThe offer to buy at 50,000, I meant. Maybe it is a translation issue, here (Italy) it is the buyer that makes an offer and the seller that sets a price or accepts an offer (or proposes a counter-offer).