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PROJECT 3.2A's purpose is to help you understand the nature of Agreement in Contract Law (Meeting of the Minds). Your posts must remain on this

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PROJECT 3.2A's purpose is to help you understand the nature of Agreement in Contract Law ("Meeting of the Minds"). Your posts must remain on this topic. Off-topic posts cannot receive point Facts: On June 11, DIAMONS Industries, Inc. sent Alice a letter, via overnight delivery, offering to employ her as a CPA to audit DIAMONS's financial statements for the current year for $12,000. In the letter, DIAMONS stated that Alice had ten days to accept. On June 15, Alice sent DIAMONS a fax that stated, "Would you please consider paying $12,500 ?" DIAMONS received the fax. The next day, Bill offered to conduct the audit for $8300. On learning of Bill's offer, Alice immediately emailed DIAMONS, agreeing to do the work for $12,000. DIAMONS received this e-mail on June 16. - Reivew "Agreement" in your textbook, and pay attention to Revocation and Counteroffers. Questions: 1. Does Alice's question serve as an offer which counters DIAMONS original offer? In other words, what is the legal effect of Alice's question (or any question as such) when forming a contract? 2. Do the parties have a "meeting of the minds" (Agreement)? - Discuss only the nature of Agreement (if any). (Agreement has only two elements: offer and acceptance) - Do NOT discuss Damages, Consideration, Loss, Contract Defenses, etc. - Quote from the textbook the relevant section(s) to support EACH of your answer(s). NO POINTS for this Category will be awarded without the - Discuss only the nature of Agreement (if any). (Agreement has only two elements: offer and acceptance) - Do NOT discuss Damages, Consideration, Loss, Contract Defenses, etc. - Quote from the textbook the relevant section(s) to support EACH of your answer(s). NO POINTS for this Category will be awarded without the appropriate, supporting quote(s). - Write (cut \& paste) in your message(s) as your Subject Line, EXACTLY the following: (1) XX's Topic Post (Category A)Penalties applied if you do not follow this rule. - Explain how your source's information applies. Do not merely state it applies. Quote from your source, then explain why that information is important

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