Bentley Sent a Letter to Helene That Said: "I'll Sell

Multiple Choice

Bentley sent a letter to Helene that said: "I'll sell 5000 widgets to you for $50 000.This offer is open for acceptance until August 10." As soon as she received that letter on August 1,Helene replied with a letter that said: "That sounds like a good deal.I will bring the money to your office on August 15.I'll also collect the widgets at that time." When Helene arrived at Bentley's office on August 15,however,he refused to accept the money or hand over the widgets.He explained that he had not yet received her letter.He also said that he was no longer willing to do business with her.Helene's letter finally reached Bentley on August 20.By that time,the market value of the widgets had increased to $75 000.Applying the general rules for communication of acceptance,which statement is most likely TRUE?

A) Bentley revoked his offer on August 15.
B) A court would refuse to recognize a contract because it would be unfair to require Bentley to sell $75 000 worth of widgets for $50 000.
C) A contract was created on August 1.
D) Bentley's offer was terminated by lapse of time.
E) A contract was created on August 20.