Question
On October 1, John, a student at Baruch College, sent a letter to his classmate Lori, offering to sell Lori his racing bicycle for $300.The
On October 1, John, a student at Baruch College, sent a letter to his classmate Lori, offering to sell Lori his racing bicycle for $300.The letter, which was signed by John, stated that the offer would expire on October 10.Lori received the offer on October 3.On October 5 John sold the bicycle to his neighbor Sal and, on the same day, sent a letter to Lori indicating he was revoking the offer to Lori. Lori did not receive this letter until October 10.On October 9, Lori, unaware that the bicycle had been sold, mailed John a letter accepting his original offer.John received this letter on October 11 and immediately called Lori and told her that he could not sell her the bicycle because he had already sold it to Sal and because he had already sent her a letter of revocation.Lori sues John for breach of contract.Judgment for whom?Explain fully.
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