On May 1, Jordan Real Estate offered to sell a large lot to Houston, Inc., for $1,000,000. The offer was made by email and stated that the offer would expire on May 15. Houston decided to purchase the property and sent a registered letter to Jordan on May 10 accepting the offer. As a result of unexplained delays in the postal service, Jordan did not receive the letter until May 22. Jordan wishes to sell the property to another buyer who is offering $1,200,000 for the tract of land.

Has a contract resulted between Jordan and Houston? Why?