Stephen mails an offer to Julia that states, "I offer to sell you my car for $2000. If I don't hear from you in 10 days, I will assume you are willing to buy the car for the stated price." Stephen hears nothing by the deadline and assumes he has a deal. What is the result?
a. Julia is not bound. Ten days is not a reasonable amount of time to consider the offer and accept by mail.
b. Stephen has a deal. Julia should have responded saying she is not interested in the car if she didn't want to be bound to the offer.
c. Julia is not bound. Generally an offeree must say or do something to accept an offer.
d. Stephen has a deal. His offer was intended and contains definite terms.
Answer: C
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