Lisa owned and advertised for sale vacant lot A for $100,000 On February 15 , Max gave Lisa a signed written offer to buy lot A for $70,000 On February 17 , Lisa gave Max a written counter offer stating that she would accept $80,000 for lot A, but Max needed to accept this counter offer on or before March 1 On February 20 , Lisa, without receiving a response from Max to her February 17 counter offer, gave Max another written counter offer stating that she would accept $85,000 for lot A, but Max had, again, only until March 1 to accept this counter offer On February 22 , Max gave Lisa another written offer to buy lot A for $75,000 Lisa did not respond to this offer by Max On February 25 , Max called Lisa stating that he agreed to accept her February 17 counter offer for lot A for $80,000 Max also mailed Lisa a countersigned copy of Lisas written counter offer along with a $10,000 deposit check Lisa accepted this check but she eventually wrote VOID on the check instead of cashing it On March 1 , Lisa contacted Max advising him that she was not going to sell him lot A and Max responded that he would file a lawsuit against her On March 2 , Lisa sold lot A for $100,000 Do Lisa and Max have a contract (Hint answer this last) Which law applies Common Law or UCC Lisa advertised Lot A for Sale Is this an offer Why February 15 written communication from Max to Lisa to buy Lot A for $70,000 Is this an offer Was there acceptance Why February 17 counteroffer from Lisa to Max accepting $80,000 for lot A if Max accepts this offer by March 1 February 20 second counteroffer from Lisa to Max ($85,000 by March 1) without any response from Max Can Lisa do this Why February 22 written communication from Max to Lisa to buy Lot A for $75,000 What is this What does that mean Max's acceptance on February 25 of Lisa's offer to buy Lot A for $80,000 What is this What does that mean Does Lisa have any defenses What if Lisa cashed the check, is there a contract If Lisa cashed the check, what type of remedy would Max be entitled to Reliance, Restitution, Expectation, or Specific Performance Why

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Lisa owned and advertised for sale vacant lot A for $100,000  On February 15 , Max gave Lisa a signed written offer to buy lot A for $70,000  On February 17 , Lisa gave Max a written counter offer stating that she would accept $80,000 for lot A, but Max needed to accept this counter offer on or before March 1  On February 20 , Lisa, without receiving a response from Max to her February 17 counter offer, gave Max another written counter offer stating that she would accept $85,000 for lot A, but Max had, again, only until March 1 to accept this counter offer  On February 22 , Max gave Lisa another written offer to buy lot A for $75,000  Lisa did not respond to this offer by Max  On February 25 , Max called Lisa stating that he agreed to accept her February 17 counter offer for lot A for $80,000  Max also mailed Lisa a countersigned copy of Lisas written counter offer along with a $10,000 deposit check  Lisa accepted this check but she eventually wrote VOID on the check instead of cashing it  On March 1 , Lisa contacted Max advising him that she was not going to sell him lot A and Max responded that he would file a lawsuit against her  On March 2 , Lisa sold lot A for $100,000  Do Lisa and Max have a contract  (Hint  answer this last) Which law applies Common Law or UCC  Lisa advertised Lot A for Sale  Is this an offer  Why  February 15 written communication from Max to Lisa to buy Lot A for $70,000  Is this an offer  Was there acceptance  Why  February 17 counteroffer from Lisa to Max accepting $80,000 for lot A if Max accepts this offer by March 1  February 20 second counteroffer from Lisa to Max ($85,000 by March 1) without any response from Max  Can Lisa do this  Why  February 22 written communication from Max to Lisa to buy Lot A for $75,000  What is this  What does that mean  Max's acceptance on February 25 of Lisa's offer to buy Lot A for $80,000  What is this  What does that mean  Does Lisa have any defenses  What if Lisa cashed the check, is there a contract  If Lisa cashed the check, what type of remedy would Max be entitled to  Reliance, Restitution, Expectation, or Specific Performance  Why

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: Lisa owned and advertised for sale vacant lot A for $100,000. On February 15 , Max gave Lisa a signed written offer to buy

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