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Contract Mini essay

Answer must be with rules (IRAC) FORMAT

Norse writes a letter to Odin on December 1st and offers to sell him his motorcycle for $3000 if Odin accepts the offer by January 1st. On December 15th, Odin writes a letter to Norse that states, "How about $2500?" On December 16 Norse writes a letter to Odin, stating, "That number won't work for me. My offer is what I stated in my December 1st letter." On December 18 Odin replies by letter, "Okay then. I accept your offer."

Norse then refused to sell the motorcycle to Odin. Does Odin have an enforceable contract with Norse?

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