Final answer:
Prescott cannot accept Wood's original offer because Wood withdrew the offer before Prescott accepted it, and the revocation was communicated before acceptance.
Step-by-step explanation:
The student's question pertains to whether Prescott can still accept Wood's original offer, considering that Wood withdrew the offer before Prescott had a chance to accept it. In contract law, an offeror is generally able to revoke their offer at any time before it is accepted by the offeree, provided that the revocation is communicated to the offeree. Since Wood revoked the offer before Prescott accepted, Prescott cannot accept the original offer anymore. Offers may include terms that specify how and when they can be revoked, but absent any specific terms to the contrary, the general rule applies.