Mike Inherited Some Antiques

Multiple Choice

Mike inherited some antiques.Pat agrees to buy them.In the contract, Mike and Pat agree to value the antiques at whatever the Sotheby's representative says.If they are valued much higher than either Mike or Pat anticipated, Pat:

A) has to buy at the price set by the Sotheby representative.
B) has to buy, but at what Pat and Mike believe was a reasonable price.
C) has no obligation to buy the antiques.
D) can treat the contract as canceled.