Adam writes a letter to Steph, a neighbour, offering to purchase her Ferrari sports car for £10,000. The letter goes on to state, “if I hear nothing from you by Friday I will consider the car mine an

Adam writes a letter to Steph, a neighbour, offering to purchase her Ferrari sports car for £10,000.  The letter goes on to state, “if I hear nothing from you by Friday I will consider the car mine and will come to pay for and collect it on Saturday”.  Adam hears nothing from Steph by Saturday and arrives at her house to pick up the car with the money but is informed by Steph that the car is not for sale.

Advise Adam as to whether Steph is legally bound to sell the car.