Sam places an advertisement in the newspaper for his Dodge Viper which states,"I hate to sell it,but high insurance costs force me to sell my 1999 Dodge Viper.The first $45,000 cash takes it." Betty goes to look at the car and says to Sam,"I'll give you $42,000 for it." Sam then says,"That's not the deal." Betty says nothing and leaves.A couple of weeks later Betty notices that the ad is still in the paper,so she takes $45,000 cash over to Sam's house.He hasn't sold the car,but says to Betty,"You rejected my offer of $45,000,so I don't have to sell it to you for that.You can have it for $47,000." Is Sam obligated to sell the car to Betty for $45,000? Give all possible arguments for each party.
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