Consolidated Edison Co. v. General Electric Co.
Opinion of the Court
Order of the Supreme Court, New York County (Beatrice Shainswit, J.), entered on November 24, 1989, which granted plaintiffs motion for summary judgment against defendant on the issue of liability, is unanimously affirmed, with costs and disbursements.
It is G.E.’s contention that the May 29th proposal in conjunction with the later writings raise factual questions as to its intent in extending the May 29th proposal, and thus, summary judgment was inappropriate. However, the meaning of the writings is plain, and they are binding upon the parties. Con Edison accepted G.E.’s bid before the period of irrevocability expired, and G.E. was properly held liable to Con Edison. In that regard, G.E.’s initial offer unambiguously stated that the bid would remain valid for 90 days (see, City Univ. v Finalco, Inc., 129 AD2d 494, 495). While the preprinted language on the May 29th proposal notes that the offer expires in 15 days and may be modified or withdrawn prior to acceptance, the language is conditioned upon the phrase "unless otherwise stated.” Hence, the preprinted language is superseded by the express provision making the bid valid for 90 days. Moreover, on September 22nd, G.E. validly extended its offer until November 3, 1986 (see, UCC 2-205, Comment 3). On September 25th, G.E. again extended the duration of its offer until December 31, 1986. Since a promise made for a period longer than three months will only operate under the UCC to bind the offeror for the first three months of the period, G.E.’s bid was effectively irrevocable until December 24, 1986. Accordingly, Con Edison accepted G.E.’s bid before the period of irrevocability expired. Because the question of the parties’ intentions derives from the language of the written instru
Case-law data current through December 31, 2025. Source: CourtListener bulk data.