On May 1,Brand Industries sent Carol a letter, via overnight delivery, offering to employ her to audit Brand's financial statements for the current year for $1000. In the letter, Brand Industries stated that Carol had ten (10) days to accept. On May 5, Carol sent Brand Industries a fax that stated, "the price for the audit seems too low. "Would you consider paying $1200?" Brand industries received the fax. The next day, Dan offered to conduct the audit for $800.On learning of Dan's offer, Carol immediately e-mailed Brand Industries , agreeing to do the work for $1000. Brand Industries received this email on May 7. Explain why Brand Industriesand Carol do, or do not, have a contract.