Wrench L.L.C. developed a "Psycho Chihuahua," a cartoon dog with a fiesty, self-confident character. Wrench promoted the dog to Taco Bell, the restaurant chain, as a potential mascot for the fast food establishment. Representatives of Taco Bell Corp. learned of "Psycho Chihuahua" and met with Wrench to discuss the use of the Chihuahua in their marketing. Wrench sent artwork, merchandise, and marketing ideas to one of the representatives of Taco Bell, who promoted the character within Taco Bell. Wrench proposed terms to Taco Bell to use the Psycho Chihuahua, but Taco Bell did not accept the terms as proposed.

Meanwhile, one of the Taco Bell representatives sent the Psycho Chihuahua materials to an advertising agency working with Taco Bell. Taco Bell made a Chihuahua the focus of its marketing. But, Wrench was not paid for its idea.

Do these facts amount to an offer? Are the elements of offer satisfied? Why or why not?