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On November 1, 2015, Sam Made an Offer to Bobby

Question 87

Multiple Choice

On November 1, 2015, Sam made an offer to Bobby by mail for the sale of his mobile home lot at $14,000. Sam's offer included the following: "Acceptance must be by Federal Express no later than 10:30 a.m. on November 5, 2015." Bobby accepted the offer by mail on November 4. The acceptance arrived at 8 a.m. on November 5. Suppose that Bobby sent his acceptance via UPS overnight delivery on November 2 and the UPS package arrived at Sam's home by 10:30 a.m. on November 3.


A) Sam and Bobby do not have a contract
B) Sam and Bobby have a contract as of November 2
C) Sam and Bobby have a contract as of November 3
D) Sam and Bobby will have a contract on November 5 at 10:30 a.m.

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