Jackson offered to sell his painting, Blue Opus #2, to Pollock for $ 10,000. Pollock was to send his acceptance by mail to Jackson by the 30th of the month. Before Pollock could accept the offer, Jackson died. Which statement best describes the legal status of the transaction?
a. The offer is still valid because all the required elements are present.
b. Pollock can accept the offer if he mails the acceptance before the 30th of the month.
c. Jackson's estate is bound by the exact terms of the offer and cannot raise the price.
d. Pollock cannot accept the offer because it terminated by operation of law when Jackson died.
e. Statements a, b, and c are all true statements about the offer.
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