valid acceptance terms

Sue and Roy are riding their horses together. Sue jokingly tells Roy that Roy’s horse is too slow. Roy laughs and jokingly responds “Yes he is too slow! I would sell him for $5!” Sue hands Roy $5. This is a valid acceptance because Sue gave Roy the money in a reasonable time. a valid acceptance because there is consideration on both sides. Not a valid acceptance because Roy’s offer was made in jest. not a valid acceptance because Roy’s horse is worth more than $5.

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