Question

On Thursday, Trista Dylan receives a letter from Charlie Holmes offering to sell her a diamond ring and stating that: "if you choose to accept, you must do so prior to 2:00 p.m. tomorrow." Trista had a telegram of acceptance dispatched well before 2:00 p.m. on Friday but it is delivered to Charlie's home only at 2:15 p.m. Do Trista and Charlie have a binding contract?

A. No, because Trista's purported acceptance was delayed.

B. Yes, because Trista dispatched the telegram prior to 2:00 p.m.

C. No, because Trista's use of a telegram was not stipulated in the offer.

D. Yes, unless Charlie is not home to receive the telegram.

Answer

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