Mary writes the following email to Paul: To: paul25348@gmail.com From: maryqc3@yahoo.com Date: January 1, 2021 I hereby offer to sell to you my used iPhone X for $250. Let me know ASAP if you are interested! Mary While Paul is thinking it over, Mary learns that iPhones are skyrocketing in price because of a supply shortage in the manufacturing facility. Quickly she writes the following letter and puts it in the mail: Dear Paul, I hereby revoke my offer to you dated January 1, 2021 wherein I offered to sell my iPhone to you. That offer is now null and void. Sincerely. Mary The next day, while the letter is in transit, Paul visits Mary Right when Mary opens the door, Paul exclaims. "I accept your offert Do the parties have a binding contract? No, because there was no consideration No, because offers are not enforceable if sent by email Yes, because Mary's revocation had not been received by Paul before he accepted the offer Yes, because there was an offer, acceptance, and consideration No, because Mary's revocation was effective when the letter was dispatched Yes, because the Statute of Frauds does not apply to this contract