Question 2 Agreement Stella offered to sell a piece of land to Peter for $120 000. That offer was rejected by Peter. Stella then offered to sell the land to Peter for $100,000. Peter responded by offering to buy the land for $95,000. Stella refused to sell at that price whereupon Peter said he would pay $100,000 for the land. Stella refused to sell to Peter at $100 000 and has decided to put the piece of land for sale in the open market. Peter has now taken legal action against Stella for breach of contract. Peter states that Stella had made an offer to sell the land for $100 000 and he has accepted that offer. Is there a contract between Stella and Peter? (Use the IRAC method to answer the question above)