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Bill offers to sell Mary his computer for $ 5 0 0 . Mary counters with an offer of $ 4 0 0 . Bill

Bill offers to sell Mary his computer for $500. Mary counters with an offer of $400. Bill rejects this offer. Mary tells Bill: "OK, I'll buy the computer for $500." Bill tells Mary: "I've decided not to sell the computer after all." Bill is in breach of contract because Mary made a valid offer.
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