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Consider the following communications: Sandra: 'I'll sell you my office fit-ou...

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Consider the following communications:

Sandra: 'I'll sell you my office fit-out equipment for $5,000.'

Joffrey: 'I'll give you $4,500 for it.'

Sandra: 'No deal.'

Joffrey: 'OK, I'll pay $5,000.'

Which of the following is MOST LIKELY correct in law? 

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