On May 1, Ohner telegraphed Byer, "Will sell you any or all of the lots in Grover subdivision at $5,000 each. Details will follow in letter." The letter contained all the necessary details concerning terms of payment, insurance, mortgages, etc., and provided, "This offer remains open until June 1." On May 2, after he had received the telegram but before he had received the letter, Byer telegraphed Ohner, "Accept your offer with respect to lot 101." Both parties knew that there were 50 lots in the Grove subdivision and that they were numbered 101 through 150."For this question only, assume that Ohner and Byer were bound by a contract for the sale of lot 101 for $5,000, that on May 3 Ohner telephoned Byer to say that because he had just discovered that a shopping center was going to be erected adjacent to the Grove subdivision, he would "have to have $6,000 for each of the lots including lot 101," that Byer thereupon agreed to pay him $6,000 for lot 101, and that on May 6 Byer telegraphed, "Accept your offer with respect to the rest of the lots." Assuming that two contracts were formed and that there is no controlling statute, Byer will most likely be required to pay
only $5,000 for each of the 50 lots.  only $5,000 for lot 101, but $6,000 for the remaining 49 lots.  $6,000 for each of the 50 lots.  $6,000 for lot 101, but only $5,000 for the remaining 49 lots