Did henry and mike have a legally formed contract

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Question: Henry and Mike are playing dominoes against each other at a mutual friend's house. Henry offers a wager to Mike that whoever wins the game will hand over their car keys and pink slip to the winner of the game. Mike agrees to this wager but is hesitant to believe Henry because he has not come through on their bets in the past. They decide to write the wager on a napkin which they both would sign before starting the game. Both Henry and Mike have had 1 beer each at this point. Henry lost the game and refused to hand over the keys to his car. Did Henry and Mike have a legally formed contract?

 

 

Reference no: EM133577625

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