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Question: Republic Bank acquired medical equipment through a lease default and contracted Tetra Financial Services to facilitate sale of the equipment. Mark, a Tetra employee, was assigned to the task. West Penn, a large hospital system in the Pittsburgh, Pennsylvania, area, expressed an interest in purchasing the equipment and had one of its contract negotiators, Michele, handle it. Michele sent Mark an e-mail on February 26, stating: We are interested in the 64-slice scanner, CT workstation, ultrasound, and ultrasound table.

Our offer is as follows:

Scanner: $600,000

CT workstation: $50,000

Ultrasound and ultrasound table: $26,500

On March 13, Mark sent Michele an e-mail stating: Michele: I met with the bank president this morning and he gave me approval to sell West Penn the 64-slice scanner, CT workstation, and ultrasound unit with table for the total amount offered below [referring to Michele's February 26 e-mail]. There is still some question regarding the cooler unit being moved to your location or left in place and a replacement provided for you. We can discuss that issue. Please let me know if you work through a purchase order system or if we need to put together a sales agreement.

Is there a contract between Republic Bank and West Penn for the purchase of the medical equipment? Decide. Explain. See Republic Bank v. Allegheny Health, 475 Fed. Appx. 692 (10th Cir. 2010).

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