Q.

Andrea wrote Bernardo a letter offering to sell a piece of land. Andrea gave Bernardo two months within which to pay the price of P500,000. After 50 days Andrea informed Bernardo that she is increasing the price of the land to P700, 000. Can Bernardo compel Andrea to accept the P500,000 first offered and execute the deed of sale?

A. No, because Bernardo did not signify his acceptance of the offer of P500,000
B. Yes, because the period of 2 months has not yet expired.
C. Yes, because Andrea is already estopped by her signed letter.
D. Yes, because there was actual meeting of minds of the parties.
Answer» A. No, because Bernardo did not signify his acceptance of the offer of P500,000
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