Facts:

Bob needs to buy a specific computer for Year 12 High School. Bob's old computer no longer works. Bob is 17 years old. Bob received a Super Tech Pty Ltd catalogue that had the computer advertised for sale for $800. This was a great deal and Bob had enough money in his savings. Bob went into the Super Tech store and said, "I accept your offer to buy the computer for $800". The manager of Super Tech Pty Ltd said, "Sorry we are sold out of that computer.' Bob said he had studied Legal Studies last year and they were in a binding contract.

Question:

Is there a binding contract between Bob and Super Tech Pty Ltd which Bob can enforce?

(We strongly suggest you use IRAC format. Discuss each of the elements of a contract, refer to case law and to specific facts to support your reasons.)