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Nicholas Franz owns an old katuffa, given to him by his favorite college teacher, Professor Sher.He wants to sell it.He has learned that one of

Nicholas Franz owns an old katuffa, given to him by his favorite college teacher, Professor Sher.He wants to sell it.He has learned that one of his Drexel Business Law colleagues, Kristen Newman, is still mad at Prof. Sher, so he calls up Newman and offers her the katuffa, telling Newman that she, Newman, can use it to put a curse on Prof. Sher."Let me think about it," Newman says."Let me know as soon as you can, but there is no hurry," said Franz.

(a) Newman faxes her acceptance two days later.Unknown to her, her fax is broken and no transmission ever leaves Newman's fax machine.Newman claims there is a contract; Franz says there is no contract.What are the legal claims of Franz, what are the legal claims of Newman, who wins, and why (i.e., WHAT IS THE CORRECT LAW IN THIS SITUATION).DISCUSSFULLY

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