IRAC must be followed in answering each question. Perhaps, multiple IRACs may have to be used in answering one question, in case of multiple issues

1. On May 1, Back-Talk Computer Store offered to sell five (5) computer servers to Gatekeeper Company for $5,000.00 each, delivery to be on May 30. Later that day (May 1), Gatekeeper responded that it would buy the computers only if they were delivered within three business days. Back-Talk notified Gatekeeper the next day, May 2, that it would not be able to deliver the goods within the time requested by Gatekeeper.
   1. Does the UCC apply to the above transaction? Why?
   2. Was there a contract formed? If so, based on what terms? Explain.

[HINT - additional terms between merchants under the UCC]

1. Delilah makes a written offer to Samson to sell her mountain bike for $1000. In her offer Delilah states, that this offer will remain open for seven days. Two days later Delilah tells Samson that she has changed her mind.
   1. Discuss whether under common law Samson can still accept the offer and hold Delilah to the sale of her mountain bike to him for $1000.

[HINT - revocation of offer by offeror]