Hypothetical:

Gay Holcumb owns and operates Oasis Goodtime Emporium, an adult entertainment establishment. Holcumb wanted to establish an adult internet system for Oasis that would offer customers adult theme videos and live chatroom programs. On May 10, Holcumb signed a work order authorizing crossroads Consulting Group (CCG) to deliver a working prototype of a customer chat system. In exchange for creating to prototype Holcumb agreed to pay CCG 100,000.00. On May 10, Holcumb agreed to additional work in the amount of 15,000.00 for CGC to install a customized firewall system.The work orders stated that Holcumb would make monthly payments to CCG and both parties expected the work would be finished by September. Due to unforeseen problems completion of the project required more time than initially anticipatedand by the end of September, the web site was still not ready and Holcumb had fallen behind on his payments to CCG who threatened to stop work a sue for breach of contract. Rather than making further payments, Holcumb wanted to abandon the project. As a result of the foregoing:

Explaindid the parties have a valid contract under the UCC? Yes or No. Support your answer.