LAW 505-002 – Contracts I

Restatement Second of Contracts § 87(2)


View on LexisNexis

  1. An offer which the offeror should reasonably expect to induce action or forbearance of a substantial character on the part of the offeree before acceptance and which does induce such action or forbearance is binding as an option contract to the extent necessary to avoid injustice.