Scenario 1 Arnold owned three building units (A, B and C) in a commercial development. Due to nancial difcultie: he sends an email to Bob as follows: "I will sell you one of my units for $150,000 payable. Bob replies correctly by email "I accept your offer". 0 Was Arnold's email an offer? Why or why not? 0 Is an exchange of emails like this valid for a contract? Scenario 2 A friend buys you a cup of coffee at Tim Hortons during "Roll Up the Rim\" time. You roll up the rim and win the grand prize. o Is the price up to you? 0 Do you and your friend have to split the prize? 0 Does your friend have to keep the prize