Q: After spending $1 million to build a garage to house his collection of cars, Jerry hosted a garage warming party for his neighbors. At the party, one of the neighbors, George, asked Jerry if hed be willing to sell the garage. Jerry laughed, Oh sure, why dont you just give me $100 in $1 bills? George replied, OK. its a deal. When George brought over $100 in $1 bills the next day, Jerry refused to sell the garage. Under these circumstances:

a: Jerry and George have created a contract because it doesnt matter that Jerry was kidding; parties are bound by their representations.

b: Jerry and George have not created a contract because Jerry paid $1 million for the garage, and George only brought over $100,000; the price must be reasonably related to the original cost. INCORRECT

c: Jerry and George have created a contract because Jerry made an offer, George accepted, and there was consideration.

d: Jerry and George have not created a contract because Jerry was obviously joking; George could not reasonably have believed that Jerry intended an offer.