Petterson v. Pattberg
Court of Appeals of
248 N.Y. 86, 161 N.E. 428.
Facts: Petterson owned some real estate in
Issue: At the time of payment, had the offeror assumed any conditional but binding obligation? What act was the defendant requesting as consideration for his performance?
Rule: The offeror is the master of the offer and can revoke at any time prior to acceptance.
Analysis: The majority finds that the offer was withdrawn, and notice was given that the offer could no longer continue, before acceptance.
The minority tries hard to find a contract. They seem to play around with using promissory estoppel here, using the word “induce” a lot.
Conclusion: The judgment is reversed and the complaint is dismissed with costs.