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The following exchange of text messages is the entire record between buyer and seller. Seller: Hey, we're overstocked on Gizmos and my manager said to

The following exchange of text messages is the entire record between buyer and seller.

Seller: Hey, we're overstocked on Gizmos 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? Why or why not and what factors may apply?

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