Discuss the contract for the sale of the land

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Question: Business Law: Moe writes to Curly and inquires how much Curly is asking for a specific 50-acre tract of land he owns. Curly replies to Moe with a letter stating, "I will not take less than $1 million dollars for the 50-acre tract as specified." Moe immediately sends Curly a fax stating, "I accept your offer for $1 million for the 50-acre tract as specified."

Discuss whether Moe can hold Curly to a contract for the sale of the land.

Reference no: EM131843370

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