What is the test for an offer that does not have a stated expiration date?
British Columbia, Canada
The following excerpt is from Birdi v Luch, 2016 BCSC 1361 (CanLII):
Where, as here, an offer does not have a stated expiration date, it is open for a reasonable time. What constitutes a reasonable time will depend upon the nature and character and normal or usual course of business in negotiations leading to a sale, the circumstances of the offer, and the conduct of the parties during negotiations: Barrick v. Clark, 1950 CanLII 51 (SCC), [1951] S.C.R. 177.
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