Day 1: Mike sends Tina a letter offer to sell his fish tank to her for $125.
Day 2: Tina faxes Mike an acceptance.
Day 2: Mike receives Tina's fax.
Day 3: Mike calls Tina to revoke his offer.
Mike and Tina:
A)do not have a contract since Tina used the wrong means of acceptance.
B)do not have a contract because Mike revoked his offer before Tina accepted properly.
C)have a contract as of the receipt of the fax.
D)have a contract as of when the fax was sent.

Question

Quizplus · Accepted Answer

The Answer of Day 1: Mike sends Tina a letter offer to sell his fish tank to her for $125.
Day 2: Tina faxes Mike an acceptance.
Day 2: Mike receives Tina's fax.
Day 3: Mike calls Tina to revoke his offer.
Mike and Tina:
A)do not have a contract since Tina used the wrong means of acceptance.
B)do not have a contract because Mike revoked his offer before Tina accepted properly.
C)have a contract as of the receipt of the fax.
D)have a contract as of when the fax was sent.

Day 1: Mike Sends Tina a Letter Offer to Sell