Question
Jim offers to sell Wanda his car for $499. Wanda tells Jim she would like to think it over. Jim tells Wanda the offer will
Jim offers to sell Wanda his car for $499. Wanda tells Jim she would like to think it over. Jim tells Wanda the offer will remain valid for 48 hrs. Later that night Jim totals the car. The next day, Lesley, a mutual friend, tells Wanda about the accident and the destroyed car. Later that afternoon, Wanda goes to the hospital to visit Jim and tells him she is glad he is ok and accepts the offer to contract. Is there a valid contract?
-No valid contract because prior to accepting the contract, Wanda knew the car was destroyed
-A valid contract exists because Jum never revoked the offer
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