Answer:
No, the buyer and seller did not have a contract because the basic requirements for a contract was not fulfilled.
Explanation:
For a contract to be valid, it must have four key elements: agreement, capacity, consideration, and intention.
In this case, the seller called the buyer and offered to sell his used studio, buyer agreed to buy it but did not ask for the price.
Agreement does not entail the price is already invalid.
That gave the buyer liberty to change his mind and attempt to back out of the previous agreement.
