On April 1, Fine Corp. faxed Moss an offer to purchase Moss's warehouse for $500,000. The offer stated that it would remain open only until April 4 and that acceptance must be received to be effective. Moss sent an acceptance on April 4 by overnight mail and Fine received it on April 5. Which of the following statements is true?
A. No contract was formed because Moss sent the acceptance by an un-authorized method.
B. No contract was formed because Fine received Moss' acceptance after April 4.
C. A contract was formed when Moss sent the acceptance.
D. A contract was formed when Fine received Moss's acceptance.
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Home » Business » On April 1, Fine Corp. faxed Moss an offer to purchase Moss's warehouse for $500,000. The offer stated that it would remain open only until April 4 and that acceptance must be received to be effective.