This section is from the book "The Law Of Contracts", by William Herbert Page. Also available from Amazon: Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises.
An offer may be made which, by its terms, can be accepted only after the death of the offeror. It seems that such offer can not be accepted so as to create a general obligation against the estate of the offeror, even if he intended that it should so operate.1 If a testator provides in his will that his business shall be carried on after his death, effect may be given to such provision, but the debts which are thus incurred are not general debts of his estate.2 If, by its terms, the offer imposes a liability only on the offeree, the offeror furnishing the consideration when he makes the offer, as in case of devises or bequests to A in consideration of his paying money or furnishing support to B,3 A's acceptance of such offer after the death of the offeror completes the contract.
8 Converse's Estate, 240 Pa. St. 458, 87 Atl. 849.
9 Presbyterian Church v. Cooper, 112 N. Y. 517, 8 Am. St. Rep. 767, 20 N. E. 352 [sub nomine: First Presbyterian Church v. Cooper, 3 L. R. A. 468]; Twenty-third Street Baptist Church v. Cornell, 117 N. Y. 601, 6 L. R. A. 807, 23 N. E. 177; Wallace v. Townsend, 43 O. S. 537, 54 Am. Rep. 829.
10 Adams v. Peabody Coal Co., 230 111. 469, 82 N. E. 645.
11 See Sec. 166.
1 Moore v. McFall, 263 111. 596, 105 N. E. 723.
2 Moore v. McFall, 263 111. 596, 105 N. E. 723.
3 Arkansas. Williams v. Nichol, 47 Ark. 254, 1 S. W. 243; Millington v. Hill, 47 Ark. 301, 1 S. W. 547.