Foundation Studies Business Law Writing Task (Unit 3.1)l Mr Lee has advertised a bicycle for sale. Mrs Smith has seen the advertisement and contacted Mr Lee. Now they are meeting to see if they can reach an agreement on the sale. The following conversation took place. Mrs Smith: \"Hello. I see you have advertised a bicycle for sale." Mr Lee: \"Yes, it is over there. Have a look if you are interested." Mrs Smith: \"Okay, thanks. How much are you expecting to get?\" Mr Lee: \"I'm looking for $200, but I will consider reasonable offers around that price.\" Mrs Smith: $200 seems a bit high to me, would you accept $180?" Mr Lee: \"How about $190?" Mrs Smith: \"Okay, that's good. It's a deal.\" Has an agreement been reached between Mr Lee and Mrs Smith in the above scenario? In your answer, you must consider and apply any relevant decisions from any relevant cases you have studied