Missouri  |  Business Law

Legal Question

Asked on: 9/19/12, 10:49 am

My sister works for a bakery that is for sale. They have accepted a verbal offer on the bakery from a third party for X dollars. My sister is interested in purchasing the bakery and willing to offer more. Because the sellers have accepted a verbal offer from the buyer but no money has exchanged hands and nothing has been put in writing, is the seller able to withdrawal their acceptance and allow my sister to buy it instead?

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