$1$

Multiple Choice $0\mathrm{.}467$ points

FarmCoop sends a written purchase order to SeedCompany on March $1$: $"$We offer to purchase $10,000$ pounds of premiumcorn seed at your quoted price of $$8/$pound for spring planting. This offer expires April $15.$ Please confirm acceptance by return mall" SeedCompany's sales manager reviews the offer on March $3$ but delays response due to uncertainty about spring inventory. On March $20,$ severe weather destroys much of SeedCompany's seed stock, dramatically increasing market prices to $$15/$pound$.$ SeedCompany immediately mails an acceptance letter, which FarmCoop receives on March $23.$ However, SeedCompany's letter is postmarked March $21-$ one day after the wealther damage but before FarmCoop learned of the inventory loss. FarmCoop argues no contract ealsts because SeedCompany's acceptance was motivated by the inventory loss, not the original offer. Under mallbox rule principles, which analysis determines contract formation?

$$ None of the choices

Contract formation depends on whether SeedCompany's acceptance was dispatched before or after they learned of the inventory loss, making their knowledge timing determinative.

No contract formed because SeedCompany's acceptance was not genuine assent to the original offer terms but rather an attempt to escape financial losses from inventory damage.

$$ No contract formed because the weather damage constituted supervening Tilegality that terminated FarmCoop's offer before SeedCompany could accept.

Contract formation occurred on March $21$ when SeedCompany malled acceptance, regardless of SeedCompany's subjective motivations for accepting after the weather damage.