Tim wishes to purchase a car. He travels to Awesome Car Lot and sees a brand new vehicle. Although the asking price of the vehicle is $50,000, Tim convinces Dan, the salesman, to lower the price to $45,000. Accordingly, the two enter into an oral agreement for Tim to purchase the vehicle for $45,000. Tim walks to the local bank to obtain a certified check. However, when he returns to the lot, Dan claims there never was a contract. Specifically, he claims there was no contract because the two parties never signed an agreement. Explain weather Tim has an enforceable contract to purchase the vehicle