decided not to complete the transaction. It was held that the defendant was free to call off the transaction without being liable to pay commission to the plaintiff. The plaintiff ran his own risk of not having the deal completed.

In the US, section 45 of Restatement (First) of Contracts recognises the performance of the invited act stated in the offer by the offeree as part of the consideration, and the offeror's obligation to perform his promise in the offer is conditional upon the completion of that invited act. The commencement of