Moore v. Donegal Mutual Insurance

Moore v. Donegal, No. 788, September Term, 2019, Opinion by Graeff, J. SETTLEMENT CONTRACTS — OFFER AND ACCEPTANCE — LAPSE In contract law, an offer is a conditional promise, and the offeree has the power to accept the offer and create a contract. When an offer provides no specified time for acceptance, it must be accepted within a time reasonable under the circumstances or it will lapse and can no longer be accepted. When a settlement offer that does not specify a time for acceptance is made while the trial is still proceeding, the issue whether the offer was accepted in a reasonable amount…