On Monday, Sandra sends Raul an offer via e-mail: "I offer to manage your website at a rate of $100 per hour. You must accept by Friday."Raul receives the e-mail on Monday, but waits until Saturday to reply: "I accept. Sandra receives the e-mail response on Saturday. Which of the following is true?I. No contract exists because the lapse of time.II. A contract exists as of Saturday.III. No contract exists because of the statute of frauds.IV. No contract exists because of the mirror image rule.
The true sentence about that scenario will be option "I" - No contract exist because the lapse of time.
Explanation:
Sandra is making an offer to contract her services and she defines the valid of this offer to 5 business days Raul did not reply until Saturday when Sandra clearly stated the expiration time for her services. Therefore there is no valid contract.
