Mary bought a new Macintosh computer and advertised her old computer system for sale for $1500.Mr.Jones offered to pay $1000.Mary said no,that she wanted $1500.Mr.Jones offered $1250.Mary rejected that offer and said she wanted $1500,but then said,"I withdraw my offer,I've decided to give it to a school and apply for the tax benefit." Mr.Jones said,"All right,I'll accept your offer of $1500." Which of the following is true?
A)There is a contract and Mr.Jones has to pay a reasonable price for Mary's old computer.
B)There is a contract,because once a seller makes an offer she cannot change her mind; she is bound to receive an acceptance.
C)There is no contract because Mary revoked the offer before Mr.Jones attempted to accept it.
D)There is a contract because at some point in time Mary was willing to sell and Mr.Jones was willing to buy the computer system for $1500.
E)There is no contract because the last offer had lapsed.

Question

Quizplus · Accepted Answer

Mary revoked her offer before Mr. Jones attempted to accept it. Therefore, there was no agreement between the parties and no contract was formed.

Mary Bought a New Macintosh Computer and Advertised Her Old