I On 1 August, Bruno made an offer by post to Mars to sell his brand new Hardlgy Davison motorcycle. Mars received the offer on 4 August and the offer stated that acceptance was to be made by post within 4 days of the receipt of the letter. Meanwhile, Bruno found someone else who was willing to pay a higher price for the bike. Bruno then posted a letter to Mars on 3 August revoking the offer. This letter reached Mars on 6 August. In the meantime, Mars was excited when he received Bruno's offer as his lifelong dream was to own one of those cool Hardley Davison motorcycles. He therefore promptly accepted the o'er by post the next day on 5 August. Advise Mars whether there is a legally binding contract between him and Bruno. [Use the LAC format to answer] Would your answer be different if Mars had stated in his letter of acceptance that he could only aord to buy the Hardley Davison motorcycle at 80% of the offer price? [Note that for this part, the LAC format is not required; short essay format with relevant case is sufcient]