Question: Biff sent Vic a letter on August 2 nd stating would you be interested in purchasing my motorcycle? I will sell it to you for

Biff sent Vic a letter on August 2nd stating "would you be interested in purchasing my motorcycle? I will sell it to you for $1,000. If I don't hear from you by August 15th, I will assume that you want to buy it for $1,000." Vic received the letter on August 4th, but ignored it. Biff drove the motorcycle to Vic's house on August 16th. Vic refused to pay. Given that Biff is the "master of the offer," on these facts:
Question 49 options:
1)
Vic will have to pay Biff $1,000.
2)
Vic will have to pay Biff the reasonable value of the motorcycle.
3)
Vic will not have to pay Biff anything. However, Vic must return the motorcycle to Biff.
4)
Vic will not have to pay Biff anything, but will be able to keep the motorcycle.

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