Next Generation Bar Exam Quiz
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CONTRACTS
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On June 1, Seller mailed Buyer an offer to sell a tract of land for $50,000, asking Buyer to 'respond by return mail.' Buyer received the offer on June 2 and mailed an acceptance on June 3. On June 4, before Seller had received the acceptance, Seller mailed a letter revoking the offer. Buyer received the revocation on June 5. Seller refused to sell, and Buyer sued.
Which statement is most accurate?
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