ADDITIONAL QUESTIONS (CONTRACTS)

COUNTEROFFER.

1.Ames, seeking business for his lawn maintenance firm, posted the following notice in the meeting room of the Antlers, a local lodge: "to the members of the AntlersSpecial this month.I will mow your lawn for two dollars per square foot.This offer expires July 15."The notice also included Ames's name, address, and signature.

Bates, a member of the Antlers, and Cramer, the janitor, read the notice and became interested.Bates wrote a letter to Ames saying he would accept the offer if Ames would mow the law for $1.50 per foot.Ames received the letter on July 14^thand wrote to Bates saying he would not be willing to charge $1.50 per square foot.Bates received Ames's letter on July 16 and promptly wrote Ames that he would accept the offer to mow his lawn for $2.00 per square foot.

Cramer wrote to Ames on July 10, saying he accepted Ames's offer.

By July 15, Ames had found more profitable ventures and refused to mow either lawn at the specified price.Bates and Cramer sued Ames for breach of contract.

(a)Was a valid contract created between Ames and Bates?Explain.

(b)Was a valid contract created between Ames and Cramer?Explain.

REVOCATION.

2.Mira offered to sell Peter a parking lot for $75,000.The offer was in writing and signed by Mira and provided that any acceptance by Peter must be made within five days.On the fourth day, Mira accepted a better offer from Dean and transferred the parking lot to Dean on that day.Unaware of this sale, Peter telephoned Mira on the fifth day and accepted Mira's offer.Peter sues Mira for breach of contract.Was a valid contract created between Peter and Mira?Explain.