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Case $3$

Mr$.$ A has bought a new $90-$HP out$-$board motor. He told his friend, Mr$.$ B that he will give him his old $35-$HP motor as soon as the new one arrives. Mr$.$ B has a small boat, but this small boat cannot accommodate the old engine. Mr$.$ B needs to modify his small boat, but he will have to spent expensive modification. With Mr$.$ A$\text{'}$s suggestion, he bought a new boat. When the new $90-$HP motor arrived, Mr$.$ A changed his mind and decided to sell the old one to other party.

Issue: Is there a binding contract between Mr$.$ A & Mr$.$ B$?$ Please state your reasons. Hint. Please research Injurious Reliance $($Equitable Estoppel$)$