Question: 1. Mark and Bill are sitting at a bar drinking. They discuss the possibility of Mark selling Bill his watch for $50. Bill leaves, but

1. Mark and Bill are sitting at a bar drinking. They discuss the possibility of Mark selling Bill his watch for $50. Bill leaves, but Mark remains and continues to drink. Two hours later Bill calls Mark and offers him $5 for the watch. Now very intoxicated, Mark mutters, Whatever. The next day Mark has no memory of the phone call. Will the court enforce this arrangement? Why?

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