Laney purchased a new lawn mower yesterday for $350 from the local home improvement warehouse.When she arrived home and attempted to use the new mower, it would not start.Exasperated, Laney yelled "I'd sell this stupid mower for $50."Laney's next-door neighbor Jacobi overheard her (Laney was not aware that Jacobi was home at the time).Jacobi quickly replied, "I'll take it!" and immediately brought her $50.Provide your response as two paragraphs.Paragraph 1: What are the valid elements of an offer?Paragraph 2: Is this situation a valid offer? Identify 3 reasons to explain your response.