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Jimmy wants to buy Fred's motorcycle for $ 5 0 0 , but Fred isn't interested. After Jimmy threatens to egg Fred's house, Fred relents

Jimmy wants to buy Fred's motorcycle for $500, but Fred isn't interested. After Jimmy threatens to egg Fred's house, Fred relents and sells him the motorcycle for $500 to prevent the egging. Is this an enforceable contract?
Yes, because there was an offer, acceptance, and consideration exchanged.
No, because Fred accepted under duress.
Yes, because $500 was a really good deal for Fred's beat up motorcycle.
No, because the contract was not in writing.
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