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13 July, 12:53

On Monday, Billy receives an offer from Andrew to buy Billy's house for $500,000. On Tuesday, Billy mails Andrew a reply, "I'll sell it to you for $600,000, and not a penny less." On Wednesday, Billy reconsiders so he mails Andrew the following note: "I accept your offer for $500,000, the house is yours." On Thursday, Andrew receives Billy's first note. On Friday, Andrew receives Billy's second note. What result?

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  1. 13 July, 15:35
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    What result?

    $500,000.

    Explanation:

    Billy and Andrew have a contract for $500,000.
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