Multiple Choice
Joe sends Sanjay an offer via email from his Toronto office.The offer contains a provision indicating the offer expires at 5:00 p.m.Toronto time.Sanjay,who lives in Vancouver,replies accepting Joe's offer at 4:00 p.m.Vancouver time.Joe received Sanjay's email acceptance at 9:00a.m.the next day.Which of the following statements is true? (Note the three-hour time difference between Toronto and Vancouver.)
A) Joe and Sanjay had a binding contract, since Sanjay had accepted by 4:00 p.m. Vancouver time.
B) Once Sanjay had sent the email, a binding contract had been formed, regardless of what time Joe received the email.
C) Joe's offer had expired.
D) The contract became binding once Joe had made the offer.
E) A binding contract had been formed once Joe opened Sanjay's email acceptance the next day.
Correct Answer:

Verified
Correct Answer:
Verified
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