On June 25, Sam Seller mailed Ben Buyer an offer to sell his car to Ben for $10,000. The offer arrived on June 28. Ben put his acceptance in the mail on June 30, but, because of the long holiday, it did not arrive at Sam's home until July 7. Sam found a buyer who was willing to pay $11,000 for the car and mailed a revocation on June 27. Ben got the revocation on July 1. Was a contract formed between Sam and Ben? If so, on what date did it become effective.
a. Yes, there is a contract that became effective on June 30, the day Ben mailed the acceptance.
b. Yes, there is a contract that became effective on July 7, the day the acceptance arrived.
c. No, there is no contract because Ben received the revocation before Sam received the acceptance
d. No, there is no contract because the revocation was sent before Ben received the offer.
Answer: a. Yes, there is a contract that became effective on June 30, the day Ben mailed the acceptance.
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