What kind of contract has been formed

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Problem

Jeff jokingly offers to sell his farm to AI for $100. AI accepts, and demands the farm after giving Jeff his $100. What is Jeffs best argument that a contract was not formed? He did not mean to make an offer, he was joking. There is no consideration. A reasonable person would not think an offer to tell a farm for only $100 had a serious intent none of the above. Bill orders a stove from Best Buy for $1,000. They deliver the stove, and Bill refuses to pay them. What kind of contract has been formed? express implied quasi both a and c.

Reference no: EM131882057

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