Latisha announces that he intends to sell his business, Payroll Service Company (PSC), at a price below its market value. Quality Bookkeeping, Inc. gives Owen a check for the stated amount. Latisha

• may refuse to accept the check, because he only expressed an intent to do something in the future.
• is bound to sell PSC to Quality Bookkeeping.
• may refuse to accept the check, because he only expressed an opinion as to the worth of the business.
• may refuse to accept the check, because he only expressed a willingness to discuss a possibility of entering into a contract.