Q3 Module 3 5 marks (recommended 250 words)

Has there been valid offer and acceptance in each of the following situations? You are only required to:

• answer yes or no
• explain the reason for your answer
• cite the relevant rules and cases

1. Tom sees Emily polishing her car as he is walking his dog. Tom says to Emily, Nice car! What would you sell it for? Emily replies, The least Id sell it for would be $4,000. Tom immediately says, I accept your offer!

2. Bill takes a bottle of wine from a shelf in his local liquor store and places it on the counter. He says to the attendant, Its very expensive but Ill buy it, anyway.