On June 11, DIAMONS Industries, Inc. sent Alice a letter, via overnight delivery, offering to employ her as a CPA to audit DIAMOND’s financial statements for the current year for $12,000. In the letter, DIAMOND stated that Alice had ten days to accept. On June 15, Alice sent DIAMOND a fax that stated, “Would you please consider paying $12,500?” DIAMOND received the fax. The next day, Bill offered to conduct the audit for $8300. On learning of Bill’s offer, Alice immediately e-mailed DIAMOND, agreeing to do the work for $12,000. DIAMOND received this e-mail on June 16.
Does Alice have a contract? Discuss why and also discuss why she may not.