On May 1^st,Alpha Oil Company sends an electronic offer via the "cloud" to Zeno Refining Co.as follows: "Offer to sell 10,000 barrels of crude oil at $85 per barrel,will hold the offer open until July 1^st." On July 2^nd,Zeno responds with an acceptance to Alpha.But by the time of Zeno's response,the market price of crude oil has risen to $98 per barrel.Alpha says no contract,and Zeno threatens to sue.What result?

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The Answer of On May 1^st,Alpha Oil Company sends an electronic offer via the "cloud" to Zeno Refining Co.as follows: "Offer to sell 10,000 barrels of crude oil at $85 per barrel,will hold the offer open until July 1^st." On July 2^nd,Zeno responds with an acceptance to Alpha.But by the time of Zeno's response,the market price of crude oil has risen to $98 per barrel.Alpha says no contract,and Zeno threatens to sue.What result?

On May 1st,Alpha Oil Company Sends an Electronic Offer Via

On May 1^st,Alpha Oil Company Sends an Electronic Offer Via