2. Gerald owns a shop in Kuala Lumpur. The shop sells various types ofintemet mobile phones. Last week, new stocks of internet mobile phones arrived from the United States {US} and an East Asia country {East Asia}. The internet mobile phones from US were the original \"Orange Phone\" product, while the ones from East Asia were not, though the features looked alike. lvana, another customer, visited Gerald's shop, looking for a white \"Orange Phone v.4". Gerald told her that the shop had run out of the white version, but he {Gerald} had one last new unit of white \"Orange Phone V4" in his house. lvana agreed to buy that unit. However, unknown to Gerald, his house was burgted two hours before that and the Orange Phone was stolen. Required: Explain whether there was a valid contract formed between lvana and Gerald. (Conne your answers to the law of contract}. [Total: 20 Marks]