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The following exchange of text messages is the entire record between Buyer and Seller. Seller : Hey, we're overstocked on Standard Size Gizmo's and my

The following exchange of text messages is the entire record between Buyer and Seller.

Seller: Hey, we're overstocked on Standard Size Gizmo's and my manager said to offer you 100 cases for a total price of $1,000 delivered to your warehouse

Buyer: DEAL!

Has a legally binding contract been formed? Discuss why or why not and what factors might apply. (limit 200 words, better answers likely will be shorter)

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