Steele v. Northup

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding plaintiffs orally exercised their option
• “[T]he party making the offer may prescribe the mode of acceptance, and to constitute a binding contract this method must be followed.”
• “The general rule is that the time prescribed for exercise of an option is of the essence, and if the option is not exercised within the time limited all rights of the optionee stand forfeited without notice.”

Source: CourtListener parenthetical corpus (CC0).