Question: Case study Arnold owned three building units (A, B, and C) in a commercial development. As a result of some financial difficulties, he e-mails to

Case study

Arnold owned three building units (A, B, and C) in a commercial development. As a result of some financial difficulties, he e-mails to Bob as follows: I will sell you one of my units for $150,000. Bob immediately e-mails back I accept your offer.

Questions to answer-

Was Arnolds e-mail an offer? Why or why not?
Is an e-mail exchange such as this one valid in forming a contract?

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