Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson

Exercise 10

On Monday night, Louise is talking on her cell phone with Bill. "I'm desperate for a manager in my store," says Louise. "I'll pay you $45,000 per year, if you can start tomorrow morning. What do you say "
"It's a deal," says Bill. "I can start tomorrow at 8 a.m. I'll take $45,000, and I also want 10 percent of any profits you make above last year's." Just then Bill loses his cell phone signal.
Thenextmorning he shows up at the store, butLouise refuses to hire him. Bill sues.Bill will
(a) Win, because there was a valid offer and acceptance
(b) Win, based on promissory estoppel
(c) Lose, because he rejected the offer
(d) Lose, because the agreement was not put in writing
(e) Lose, because Louise revoked the offer