Oliver sees an advert on the Management Department notice board. It reads:

"1-year old motorbike for sale. Incredibly good condition. Low mileage. 2,000 or nearest offer. Contact Elizabeth on number provided below."

Oliver contacts Elizabeth and arranges a viewing. When Oliver examines the motorbike, he instantly takes a liking to it. He offers Elizabeth 1600. Elizabeth responds by saying, "I will accept no less than 1900". Oliver then says he is willing to pay 1800. Elizabeth rejects the offer.

The very same evening Harry comes to view the motorbike. Harry offers Elizabeth 1800. Elizabeth states that she may be willing to sell for 1900. Harry agrees and hands over the money and Elizabeth takes the money and hands over to Harry the motorbikes documents.

One day later Oliver has a change of mind. He approaches Elizbeth and states he is willing to accept the price of 1900. Elizabeth replies by saying that she has now sold the motorbike onto somebody else. Oliver replies by saying - "You can't do that! It is not allowed. I am going to sue you!"

Answer the following questions:

a)What is the legal status of the advert placed by Elizabeth? Explain your answer.

b)Explain whether or not you believe a contract between Oliver and Elizabeth has been formed.

c)Explain whether or not there is a contract between Harry and Elizabeth.