Please follow the 6 step process below in preparing written case analyses:

Step 1: Carefully read the case, making sure you understand it fully;

Step 2: Identify the area of law involved and the legal issue(s) presented;

Step 3: Set out the elements or requirements that must be shown to address the legal issue(s); Step 4: Analyse the case to determine whether each required element or requirement is present regarding each legal issue raised by the case;

Step 5: Sometimes it is also necessary to analyse whether there are defenses available that would eliminate or reduce the amount of liability include this in your analysis; and,

Step 6: Present your decision(s)/conclusion(s), showing that they are based on (and consistent with) your analysis.

oup Assignment Case 3, Due October 20, 2022 (15\% of final grade) Situation for Discussion No. 1, at page 152 (Chapter 6) of the Duplessis textbook. (Full text of the case, quoted from the textbook): "Daniel owned some out-of-town real estate which Paul had been eyeing for some time. On June 1, Daniel's real estate agent passed along an offer to Paul, whereby Daniel offered to sell Pau that land for $590,000. The offer was expressly to be "open" until June 8 and acceptance had to be in writing. Paul was delighted and even more pleased to learn from the realtor that there was plenty of time to consider the offer and that no one else was "dealing on the property." On June 3, the real estate agent gave Paul some bad news: Daniel had unexpectedly sold the property to someone else. Paul replied, "Well I accepted last night by initialing Daniel's offer so Daniel is clearly already in a contract with me. And I'll hold him to it." After hanging up, Paul wrote out a formal acceptance and delivered it, along with the initialed offer, to Daniel. Is Paul in a contract with Daniel