The town of Sanford, Maine, decided to auction off a lot it owned. The town announced at the town meeting that bids could be made through the mail, up to a specified date. Arthur and Arline Chevalier mailed in a bid that turned out to be the highest. When the town refused to sell them the lot, the Chevaliers sued. Is there a contract? Who is making an offer - the Town or the Chevaliers? Explain.

1. Provide a clear statement of the governing black letter law.
2. Apply the black letter law to these facts.
3. Is there a contract between the town and the Chevaliers? Explain.