Question
Ponch wants to sell his old motorcycle.On Monday, he mails a letter offering the bike to Baker for $3,000 and tells Baker to come to
Ponch wants to sell his old motorcycle.On Monday, he mails a letter offering the bike to Baker for $3,000 and tells Baker to come to his house before Friday at noon with cash in hand if he wants the bike.Baker receives the letter Wednesday and immediately mails a reply letter saying, "Sold!I'll be at your house Friday at 11:00 a.m. with $3,000 in hand."
Ponch sees Clark on Thursday at Lucy's Drive In and tells her he's selling the bike.Clark offers Ponch $3,000 in cash for immediate delivery of the bike.Ponch accepts.Friday morning, Baker's letter arrives in the mail at 10:00 a.m. and Baker shows up with $3,000 at 11:00 to pick up the Bike.Ponch apologizes, but says he sold the bike yesterday to Clark
Baker is very upset and sues both Ponch and Clark seeking to obtain the bike.On these facts, who is most likely to wind up with the bike when the litigation is over?
Group of answer choices
Clark
Baker
Ponch
There is not enough information given to determine who is likely to wind up with the bike
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