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QUESTION 4 Julie makes the following statement to Gary: I would like to sell you my red 1985 BMW for $450.00 Cash only I'll give

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QUESTION 4 Julie makes the following statement to Gary: "I would like to sell you my red 1985 BMW for $450.00 Cash only I'll give you until the end of the day to decide." What is the most likely legal effect of Julie's words?: (Choose all answers that are correct) Julie has most likely made an offer to Gary. Julie will only be deemed to have made an offer to Gary if Gary exercises his power of acceptance Julie has most likely transferred the power of acceptance to Gary Julie could not have created an offer because she did not indicate how many miles were on her car None of the above QUESTION 5 10 p Julie makes the following statement to Gary: "I would like to sell you my red 1985 BMW for $450.00 Cash only. I'll give you until the end of the day to decide Gary approaches Julie at 4pm that day and says "I've decided to accept your offer, let's get together tomorrow so that I can give you the money and you can give me the keys. Julie agrees and they shake hands on her way home, Julie stops at a professional automotive detailer and pays them $200.00 to wash wax, and clean the car so that it will look great when she delivers it to Gary the next day. The next day Gary and Julie meet, and Gary informs her that he has changed his mind and refuses to buy the car. If Julie sues Gary for breach of contract will she win? Yes, because Julie and Gary formed a valid contract No, because Julie and Gary did not form a valid contract No, because Gary can validly assert the statute of frauds as a defense to the contract. Yes, because the contract between Julie and Gary is executory

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