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Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

Art. 3

II. Of­fer and ac­cept­ance

1. Of­fer sub­ject to time lim­it

 

1 A per­son who of­fers to enter in­to a con­tract with an­oth­er per­son and sets a time lim­it for ac­cept­ance is bound by his of­fer un­til the time lim­it ex­pires.

2 He is no longer bound if no ac­cept­ance has reached him on ex­piry of the time lim­it.