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Jenny is an art collector. She went to an auction house to buy one of Vincent Van Gogh's painting that was auctioned for sale. The

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Jenny is an art collector. She went to an auction house to buy one of Vincent Van Gogh's painting that was auctioned for sale. The auctioneer requested the bidders to bid for the painting. Jenny managed to bid at the highest price, i.e. RM100 million. However, Jenny changed her mind and decided to withdraw from the auction and this was done before the fall of the auction hammer. Advise Jenny whether she is bound to buy the painting after she had withdrawn the offer. (15 marks)

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