James says to Jack,"I am selling my Toyoda for $500.Would you like to buy it?" Jack,believing that James was referred to his automobile,replies,"Yes,I'll buy your Toyota for $500." Jack pays $500 and James presents him with a Japanese doll called Toyoda.Jack asks for his money back because he misunderstood James.Should this matter go to court,the court will most likely find that
A)no contract arose because a reasonable person would not believe that James would offer to sell his car for $500.
B)Jack's refusal to pay is a breach of contract.
C)there is a binding contract for the sale of the Toyoda because that is what James meant when he made the offer.
D)there is a binding contract for the sale of the Toyota car because James should have made it clear what he was selling.
E)there is a binding contract for the sale of the Toyota because that is the offer Jack believed he was accepting.

Question

Quizplus · Accepted Answer

A reasonable person would not believe that someone is offering to sell their car for only $500. Therefore, no contract was formed between James and Jack. James did not make it clear what he was selling and the communication between the two parties was not clear. Therefore, there can be no finding of a binding contract.

James Says to Jack,"I Am Selling My Toyoda for $500