Alex posts an advertisement to sell his vintage record collection for $1,000. Beth sees the ad and sends Alex an email expressing interest in purchasing the collection for the advertised price. Before Alex can respond to Beth’s email, he receives a text message from Chris offering to buy the collection for $900.

1. Has Alex made a valid offer to sell his record collection? Why or why not?

2. What constitutes acceptance in this scenario?

3. Is there a contract formed with Beth or Chris? Why or why not?

4. If both Beth and Chris attempted to accept, who would prevail?

Answer rating: 100% (QA)

1 Yes Alex has made a valid offer to sell his vintage record collection by posting the advertisement ... View the full answer