Appellate Division of the Supreme Court of the State of New York April 21, 1981 (S.S.I. Investors Ltd. v. Korea Tungsten Mining Co.)

OPINION OF THE COURT

Ross, J. P.

The core issue presented on this appeal is whether the offer of the plaintiff bidder, which was submitted in an *156“alternative” form, constituted a firm offer which, it is alleged, was thereafter accepted by the seller. We have concluded that the purported bid as submitted was void from its inception and, therefore, there was no offer subject to acceptance.