Peter offers to sell Maxine his car for $5,000, stating, I need to know by Friday,...

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Peter offers to sell Maxine his car for $5,000, stating, "I need to know by Friday, and you should email me your answer." Maxine calls Peter on Thursday and leaves a voicemail telling him she wants the car. Peter listens to the voicemail on Thursday night. Which statement best describes the situation? O There is a contract since Peter got the message in time. O There is a contract regardless of when Peter gets the message. Maxine has rejected Peter's offer by using voicemail. O Maxine had made a counteroffer, which Peter can now choose to reject or accept. Peter, an art dealer, offers to sell a painting to Ben, a teacher, for $200. Ben responds. "I accept. I want it in a red frame, like the one I saw on that other painting at your gallery, so it will match my sofa." Peter and Ben have a contract and Peter must include the red frame. have a contract but the red frame is not included. have no contract, because Ben is not a merchant. have no contract, because Ben made a counteroffer. Peter offers to sell Maxine his car for $5,000, stating, "I need to know by Friday, and you should email me your answer." Maxine calls Peter on Thursday and leaves a voicemail telling him she wants the car. Peter listens to the voicemail on Thursday night. Which statement best describes the situation? O There is a contract since Peter got the message in time. O There is a contract regardless of when Peter gets the message. Maxine has rejected Peter's offer by using voicemail. O Maxine had made a counteroffer, which Peter can now choose to reject or accept. Peter, an art dealer, offers to sell a painting to Ben, a teacher, for $200. Ben responds. "I accept. I want it in a red frame, like the one I saw on that other painting at your gallery, so it will match my sofa." Peter and Ben have a contract and Peter must include the red frame. have a contract but the red frame is not included. have no contract, because Ben is not a merchant. have no contract, because Ben made a counteroffer.

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ans 1 Option D Maxine had made a counteroffer which Peter can now choose to reject or ... View the full answer