John Freeden is negotiating with Bill Murray to buy Bill's mountain bicycle.The following conversation has taken place:
John: "I will buy your mountain bike for $325.00."
Bill: "I couldn't sell it for less than $375.00."
John: "I'll take it for $375.00."
Which of the following statements is true?
A)Bill and John have a contract for the sale of the bike at $375.00.
B)Bill and John have a contract for the sale of the bike at $325.00.
C)Bill and John do not have a contract.
D)none of the above

Question

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The Answer of John Freeden is negotiating with Bill Murray to buy Bill's mountain bicycle.The following conversation has taken place:
John: "I will buy your mountain bike for $325.00."
Bill: "I couldn't sell it for less than $375.00."
John: "I'll take it for $375.00."
Which of the following statements is true?
A)Bill and John have a contract for the sale of the bike at $375.00.
B)Bill and John have a contract for the sale of the bike at $325.00.
C)Bill and John do not have a contract.
D)none of the above

John Freeden Is Negotiating with Bill Murray to Buy Bill's