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A offered to sell his car to B for Rs 60,000/-. B said, 'I accept your offer. Take Rs 50,000/- in cash and the balance

A offered to sell his car to B for Rs 60,000/-. B said, 'I accept your offer. Take Rs 50,000/- in cash and the balance by way of a promissory note. Did a contract emerge between A and B?

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