Question: 3 . Tim, a merchant, wrote to Marcus: March 1 , I offer to sell you one Model A Laptop Computer, price $600. This

3. Tim, a merchant, wrote to Marcus: "March 1, I offer to sell you one Model A Laptop Computer, price $600. This is a firm offer for 30 days from the above date. (Signed) Tim".

(a) On March 10, Marcus received a letter from Tim: "I hereby revoke my offer of March 1." On March 17, Marcus sent Tim a letter stating: "I hereby accept your offer of March 1." Is there a contract? Fully explain.

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