Bill offers to sell to Sally 1000 boxes of nails, but they both forget to state a delivery date for the nails. The date is something that can be easily determined based on their past dealings with each other. All other material terms of the contract are present. Sally accepts the offer, but later wants to back out of the deal, arguing that the offer was indefinite since there was no delivery date. Is there a contract here? Why or why not. What law applies? Explain your decision in legal terms. ISSUE : ANALYSIS: CONCLUSION: