Problem Assignment #4
Dodds signed and delivered to Dickinson the following memorandum on Wednesday, June 10:
I hereby agree to sell to Mr. George Dickinson the whole of
the dwelling-houses, garden ground, stabling, and outbuildings
thereto belonging, situated at Croft, belonging to me, for the sum
of £800 [£ is the symbol for British pounds]. As witness my hand
this tenth day of June, 1874.
£800 [signed] John Dodds.
P.S. This offer to be left over until Friday, 9 o clock A.M. J.D. (the
twelfth) 12th June, 1874
[Signed] J. Dodds.
The next afternoon (Thursday), Dickinson s agent told Dickinson that Dodds had decided to sell
the property to a man named Allan and was negotiating with Allan for that purpose. That
evening, Dickinson went to the house of Dodds s mother-in-law and left her a written
acceptance. This document never reached Dodds. The next morning, at 7 A.M., Dickinson s agent
gave Dodds a copy of the acceptance. Dodds replied that it was too late, as he had already sold
the property. Did Dickinson s knowledge that Dodds was negotiating to sell the property to Allan
revoke Dodds s offer to Dickinson? Explain.
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