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If Billy offers to give Tannish $ 6 0 0 in exchange for shaking his hand and Tannish agree and both would appear sincere to

If Billy offers to give Tannish $600 in exchange for shaking his hand and Tannish agree and both would appear sincere to an disinterested observer, is this a valid contract?
Multiple Choice
Yes, there was a clear offer and acceptance as well as consideration.
No, it's just an offer of a gift.
No, it's not a contract because the consideration fails: a mere shaking of a hand is inadequate consideration for $600.
None of the answer choices are correct.
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