Assume there is an agreement between the friends to exchange the Bike for the iPad. After Charles picks up David's bike, he decides not to give David the iPad. David phones Charles:

D: where is the iPad?

C: I have changed my mind. I will keep the iPad.

D: if you do that, I will sue you.

C: LOL you would not do that to your friend!

Advise David whether a court would think he and Charles intended to have a legally enforceable contract.

Issue: Did David and Charles intend to have a legally enforceable contract?