Peerless Department Stores, Inc. v. George M. Snook Co.

I am unable to follow my associates in the conclusion which they have reached in this case.(1) The offer made by the Kaufmans to the Snook Company was sufficient in form and substance. It contained the price and terms offered and, if accepted, would have constituted a valid and binding contract between the offeror and the owner of the property. The fact that the offer contained a provision for liquidated damages in case of its breach by the offeror did not make the offer a conditional one nor one in the alternative, or otherwise affect its validity. Wise v. United States, 249 U. S. 361, 63 L.…