Donna wants to purchase a duplex for investment purposes. The duplex is near a thriving business district and she plans to rent it to young professionals. It is listed for sale by the current owner, SFR Investments, LLC (SFR Investments) for $1,200,000.00. Because the building needs repair and updating, Donna offers SFR Investments $800,000.00. SFR Investments responds that it cannot sell the building for less than $1,000,000.00. Donna tells SFR Investments that she is willing to pay $900,000.00 but that she is looking at other investment options. After further research, Donna determines that the duplex is ideal and that she is comfortable paying $1,000,000.00; so she contacts SFR Investments to say that she will accept its offer of $1,000,000.00. Which of the following is true?

Group of answer choices

Donna and SFR Investments do not have an agreement because SFR Investments revoked its offer of $1,000,000.00.

Donna and SFR Investments have an agreement since Donna is willing to pay the $1,000,000.00 offered by SFR Investments.

Donna and SFR Investments do not have an agreement because Donna terminated SFR Investments offer of $1,000,000.00.