John owns the store Byte-me Computers and is standing at the back of the store when a customer, Julie, enters. A new employee has put a price label of $210.00 on a computer instead of $2,100.00. Julie sees the computer and takes it (with the price label) up to the cash register. The new employee takes her money and rings up the sale for $210.

John, on the other side of the store, sees the transaction including the price on cash register display. He rushes over as the employee hands the receipt and change to Julie.

Im sorry, he says, we cant sell you the computer for that price.

At this point, which of the following statements is MOST likely to be correct:

		There is a simple apparent contract because all essential elements are met.
		There is no contract because there is no agreement or true meeting of minds yet particularly around the price.
		There is no contract because the obviously low price means there is insufficient consideration.
		There is no contract because Johns behaviour indicates he did not intend to be legally bound.