Elsworth is interested in buying equipment for a mining operation. After some discussions at the hardware store, Sol, the owner, tells Elsworth that he will sell him all of the equipment for $1,000. Ellsworth replies, "I'll give you $750." Sol declines and tends to another customer. 30 minutes later, Elsworth says to Sol "Ok, you drive a hard bargain, I'll pay you $1,000." Sol explains that in the meantime, he sold the equipment to another customer. Elsworth believes that a contract has been formed and insists on delivery of the equipment for $1,000. Which statement best represents the outcome:

a.

A contract has been formed and Elsworth is entitled to the equipment

b.

A contract has been formed and Elsworth is entitled to money damages

c.

There is no contract because Elsworth's counter-offer terminated the original offer

d.

There is no contract because of force majeure