Jack is sailing on Crystal Lake when he notices Cathy, an acquaintance, in obvious distress. He sails close to her and quickly learns that her boat has sunk and she does not have a life preserver. Jack quickly assesses the situation and offers to sell her his life preserver for
$2,400. Cathy agrees, and Jack delivers the life preserver. Later that day Jack goes to Cathy's residence to collect his $2,400. Cathy refuses to pay. What basis would Cathy have to refuse to pay and what remedies is Jack entitled to?
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