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Steve writes a novel and sends it to Penny Publishing. Penny offers Steve $5,000 for a six-month option on the work, and Steve accepts the

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Steve writes a novel and sends it to Penny Publishing. Penny offers Steve $5,000 for a six-month option on the work, and Steve accepts the money. Nine months later, Penny has still not agreed to publish, and Biggie publishing offers Steve $50,000 for the novel. Steve wants to accept. Can he legally do so? Yes, because the offer of $50,000 is greater than penny's offer yes, because nine months have passed yes, because penny paid him for the option to publish his book no, because a person may not accept two offers for the same item Rosa sends an offer to Kellen that requires acceptance to be made by U.S. mail, Kellen accepts in a timely manner but sends the acceptance by FedEx which delivers the acceptance to Rosa two days faster than the U.S. mall would. Has Kellen accepted Rosa's offer? No, since the offer specified particular manner of acceptance that was not used yes, since FedEx was faster than the U.S. mail No, since the acceptance was delivered by a private rather than a public delivery service yes, since acceptance sent in any form, even if early or delayed confirms the offer

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