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BU4003 Practical Application Assignment 12 Hardeep Singh saw Jaspreet Singh in his classic 1968 Dodge Charger at a local Punjabi restaurant, and told Jaspreet that he'd like to buy the car. He offered Jaspreet $100,000. Jaspreet said he had to think about it and that he'd let Harpreet know. Two days later, Jaspreet decided that he needed the money and couldn't afford to keep the car. He wrote Hardeep a letter accepting the offer and mailed it that aftemoon. The next day, Hardeep phoned Jaspreet, saying that he'd changed his mind and that he needed the money for something else. Jaspreet told Hardeep about the letter, and in fact Hardeep received the letter later that day. Jaspreet insisted on going through with the deal. Explain the legal liability of the parties