John owns a thoroughbred horse named Prince Charming that just ran in the Kentucky Derby.Prince Charming came in last,much to John's frustration and embarrassment.John exclaims in a loud voice,"I'm selling that horse to the first person who hands me $100!" John has
A)made an offer to anyone within hearing distance and will be bound by his offer to the first person who produces $100.
B)made a firm offer and will be bound by his offer for a reasonable period of time.
C)made an acceptance to the first person who can produce $100.
D)not made an offer because under the circumstances a reasonable person would not conclude that John had intent to make an offer.

Question

Quizplus · Accepted Answer

John's statement is not a valid offer because a reasonable person would not conclude that he had intent to make an offer. It was an expression of frustration and embarrassment rather than a serious offer to sell the horse.

John Owns a Thoroughbred Horse Named Prince Charming That Just