Chaz, a retailer, sold personal computers manufactured by Dingus Computers. After preliminary negotiations with Grizz, a corporation, mailed to Chaz a printed from prepared by Grizz inviting Chaz to make "an offer" to sell 10 described personal computers for $25,000. The form contained five paragraphs of printed material, inserted on a single page between blank lines to be filled in at the top and a signature line at the bottom. 

 

The third paragraph above the signature line provided" THIS OFFER WILL BE HELD OPEN FOR 10 DAYS AFTER RECEIPT BY THE OFFEREE. Chaz filled in the blanks as requested by Grizz, signed the form, dating it May 30, 2020 and returned it to Grizz, who received it on June 3, 2020. On June 15, 2020, Chaz notified Grizz by telegram that the offer was revoked. A better deal had been worked out with Deep Plug for the personal computers. On June 16 2020, Grizz telegraphed to Chaz an acceptance of the offer, which was received the same day. Grizz insists that there was a contract. 

 

Has a contract has been been formed?Explain

Answer rating: 100% (QA)

ANSWER I Yes a contract has been formed in this scenario Chazs completion and return of the printed ... View the full answer