As Jack is walking through ABCSS, a sales agent, Jill, shouts out to him and says, $$We$$ll sell you that blue and white surfboard hanging on the wall for $$599.$ Jack says, $$Let me take a look at it and I$$ll let you know.$$ After looking at the surfboard, Jack brings the blue and white surfboard up to Jill and says, $$I$$m on a budget, so I can$$t give you $$599,$ but will you take $$550$ cash?$$ Jill replies, $$Sounds good, let$$s ring it up and get you out of here.$$ Jack pays for the surfboard, collects the receipt, and leaves the store.

Discuss the following:

Was a contract formed between ABCSS$/$Jill and Jack?

Based on chapters $12-23$ discuss why there was$/$was not a contract.