Using the IRAC method
Raj owns a beautiful and large property in the Yarra Valley. Sumit loves Raj’s property and he said to Raj, “If you sold the property, how much would you want for it?” Raj replied, “Well, you know I love my property, so for me to part with it, it would be $2,000,000.” Sumit says, “It’s a deal. I accept your offer.” Advise Sumit whether he has an enforceable agreement with Raj. Use relevant cases to support your answer.