Comment on the following case: Has a contract been formed? Discuss how contract law would determine who has made an offer and acceptance in this case: The Defendant offered to sell to the Plaintiffs 2,600 shares in a company for $2.00 per share. Plaintiffs responded by letter accepting the defendant's offer and stating that upon verification of the company's financial position and liabilities a price of $2.00 per share would be paid. Was there a binding contract or was the Plaintiffs' acceptance conditional and therefore ineffective