Steve, while walking down the street, tells his friend Basili, "I would seriously consider selling you my an-tique gold Longines watch for $1,000." Basili does not answer. A month later, he writes Steve a letter stating that he accepts his offer to sell the Longines watch for $1,000.

2. Assume the same facts as the last case. Would it make a difference if Basili had accepted the offer the next day? Do you think that a 30-day period is reason-able to accept an offer for the sale of an antique gold watch? Explain fully.