Patrick offered in writing to sell his house to Jarrod for $1,950,000.Jarrod was interested but did not wish to decide immediately so he asked Patrick if he would hold the offer open for thirty days in exchange for $5,000.Patrick agreed in writing and received the $5,000. Three days later Jarrod called Patrick and told him he doubted he would purchase the property because his family was not enthusiastic about moving, but he was still trying to convince them to relocate. The next week, Patrick sold the house to Nick.If Jarrod accepts Patrick's offer within the 30 days period, explain whether there is or is not a contract.