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Analyze transaction-was a contract formed

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Sara offered to sell her ski chalet to Beth for $100,000; she sent this offer by telegram. Beth received the telegram on Monday, and on Tuesday mailed a letter back accepting the deal. On wednesday, Beth reconsidered and sent a telegram to Sara rejecting the deal, but not mentioning the Tuesday letter. Sara received Beth's telegram on Thursday and Beth's letter of Friday. Analyze this transaction. Was a contract formed? (hint time of acceptance)

Reference no: EM131275601

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