While staying overnight at lily's house, martin indicates that he would like to buy her car. lily says she'll think it over. the next day martin finds a note on the kitchen counter from lily that reads, "i might be able to sell the car for about $22,000." martin writes her a check for $22,000, takes the car keys off the hook by the front door and drives off in the car. have lily and martin formed a binding contract?

No

Explanation:

Contract: It is a legal agreement between the two parties in which the two parties are equally responsible for their performance . In this, the offer and acceptance are necessary, so without these the contract become invalid.

From the law point of view,  

Contract = Agreement + Enforceability

In the given situation, there is no legal contract between them which have no validity. So, they both are not bonded with each other.  

It is a bargaining offer, not a contract offer.

3rd the reason why is because of management and leadership

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