Question: Wimpy offers to sell Bluto a boat for $500. Bluto replies, I think I want the boat, but let me have a week to consider.

Wimpy offers to sell Bluto a boat for $500. Bluto replies, “I think I want the boat, but let me have a week to consider.” Wimpy replies, “OK. I won’t sell the boat to anyone until after one week from today.” The next day, Wimpy sells the boat to Popeye for $600. The day after, Wimpy tells Bluto he already sold the boat. Nevertheless, Bluto tenders $500.

Is Wimpy contractually liable to Bluto?

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