Adrianne offered to sell her smartphone to Tom for $400 and also stated to Tom, "I will give you two weeks to accept my offer." One week later Tom learned that Adrianne had sold the phone to Cindy. In this case:
A) Adrianne has revoked her offer to Tom.
B) Adrianne's offer is a firm offer and she must sell Tom a phone of the same model for $400.
C) Adrianne must get the phone back from Cindy if Tom accepts within two weeks.
D) an option contract was created, so Adrianne is liable to Tom for $400 if she sells the phone to someone else within the two-week period.

Question

Adrianne offered to sell her smartphone to Tom for $400 and also stated to Tom, "I will give you two weeks to accept my offer." One week later Tom learned that Adrianne had sold the phone to Cindy. In this case:
A) Adrianne has revoked her offer to Tom.
B) Adrianne's offer is a firm offer and she must sell Tom a phone  of the same model for $400.
C) Adrianne must get the phone back from Cindy if Tom accepts within two weeks.
D) an option contract was created, so Adrianne is liable to Tom for $400 if she sells the phone to someone else within the two-week period.

Quizplus · Accepted Answer

Adrianne has revoked her offer to Tom by selling the phone to Cindy before Tom could accept the offer, indicating that the offer is no longer valid.

Adrianne Offered to Sell Her Smartphone to Tom for $400