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On January 5, the Rolland Corporation Sent a Letter Offering

Question 24

Multiple Choice

On January 5, the Rolland Corporation sent a letter offering to sell a new line of above-ground pools to Tibbets, the owner of Tibbets Leisure Center, at a considerably reduced introductory price. The letter stated that the offer would be good until January 20. When Tibbets received the letter on January 10, he immediately sent a telegram of acceptance. However, because an employee of the telegraph company lost the telegram, the telegram never reached the Rolland Corporation's office. Was a contract formed between the Rolland Corporation and the Tibbets Leisure Center?


A) Yes, on January 10; Tibbets used a commercially reasonable means of acceptance.
B) Yes, on January 20; Tibbets used a commercially reasonable means of acceptance.
C) No. Rolland Corporation had specified the method by which acceptance must be made.
D) No, a "firm offer" was not valid in this case.

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