Multiple Choice
On March 1st,Janet,who lives in Edmonton,sent a letter to Tad,who lives in Toronto.The letter said: "I want to buy your car.I'll pay $10 000 for it.If I don't hear anything more from you,I'll assume that I can drive the car away when I'm in Toronto at the beginning of April." When he received that letter on March 5th,Tad phoned Janet.She was not home,but he left a message on her answering machine that said: "I'm willing to sell my car to you,but only if you promise to pay $15 000.I need your answer sent by mail within one week." Janet listened to that message on March 6.That same day,she sent a second letter to Tad that said,"I received your message.I'll pay $15 000,but not one cent more." On March 10,Tad decided that he did not want to sell the car after all.He immediately left a message on Janet's answering machine that said: "The deal is off.I'm keeping my car." An hour later,he received Janet's second letter.Which of the following statements is most likely TRUE?
A) The parties do not have a contract because an offer that is received by telephone cannot be accepted by mail.
B) A contract was created in Edmonton on March 6.
C) The parties do not have a contract because Janet was not entitled to say that her initial offer would be accepted through silence.
D) A contract was created in Toronto on March 10.
E) Tad successfully revoked his offer before he received Janet's acceptance.
Correct Answer:

Verified
Correct Answer:
Verified
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