Please complete the IRACs

Best Buy v. Apple On December 1, after running out of Apple iPhones in all of its 50 Southern California stores, Metta, a district manager from Best Buy, telephones James, the regional director of sales from Apple, to order the last 10,000 iPhone devices available from Apple, for $1,000,000. During the telephone conversation, James agrees to ship Apple's last 10,000 devices to Best Buy's Southern California stores (200 devices to each store) by no later than December 17 in time for the last week of the holiday shopping season. Immediately after the telephone call, Metta quickly writes a handwritten note on Best Buy stationary to James and sends it via Federal Express. The note says: "Great talking to you today James. Thanks for shipping the 10,000 iphone devices so quickly for us! Happy Holidays!" Metta, however, did not sign the note. James receives and reads the note on December 2. In reliance on James's promise to ship the devices, Metta calls all of the Best Buy store managers for the 50 stores and advises each of them to go ahead and take orders from their customers. By December 10, each Best Buy store has entered into a sales agreement with customers for all 200 devices. However, unbeknownst to Metta, James received a better offer from WalMart on December 15 (WalMart offered to buy 10,000 devices for $1,500,000!) and is planning on shipping Apple's remaining 10,000 devices to Best Buy after the New Year. On December 16, James called Metta to tell him the bad news. When Metta screamed, "But we've got a contract!" James replied: "Next time, you better get it in writing!" QUESTION: Assuming the requirements for an offer, acceptance and consideration are satisfied, is the oral contract between Best Buy and Apple enforceable? If not, is there any other theory of recovery that Best Buy could use to enforce James' promises? Discuss in detail