to analyzing whether there is a contract between Manpreet and Tim Hortons:

Offer: When Tim Hortons displays its products and prices, it is making an offer to sell those items to customers at the specified prices. By choosing a cup of coffee and presenting it at the counter, Manpreet is indicating acceptance of Tim Hortons' offer to sell that specific item.

Acceptance: Manpreet's act of selecting a cup of coffee and presenting it for purchase constitutes acceptance of Tim Hortons' offer. Additionally, Manpreet further confirms acceptance by providing payment for the coffee.

Consideration: Consideration refers to something of value exchanged between the parties. In this case, Tim Hortons provides the cup of coffee, and Manpreet provides payment in exchange. Both parties exchange something of value, satisfying the consideration requirement.

Intent to Create Legal Relations: In commercial transactions like purchasing coffee from a shop, there is a presumption that both parties intend to create a legally binding agreement. By engaging in the transaction, both Manpreet and Tim Hortons likely intend for their actions to be legally enforceable.

Capacity: For a contract to be valid, both parties must have the legal capacity to enter into it$.$ Assuming Manpreet is of legal age and mentally competent, and Tim Hortons is a legally operating business, this requirement is fulfilled.

Legality: The purpose and subject matter of the contract must be legal. Selling coffee is a legal activity, and there are no indications that the transaction involves any illegal elements.

Considering these elements, it is reasonable to conclude that a contract exists between Manpreet and Tim Hortons for the purchase of the cup of coffee. Manpreet's act of selecting the coffee and providing payment constitutes acceptance and consideration, while Tim Hortons' display of products and prices forms the offer. Both parties likely intend for their actions to create a legally binding agreement, and all legal requirements appear to be met.