Answer:
c. There is no contract.
Step-by-step explanation:
For a contract to be valid there has to be a offer and acceptance. In the question there was no offer that was accepted. Let us go through the conversation;
Jane made an offer of $50
Al did no accept, instead he made an offer of $75
Jane did not accept Al's offer instead she made an offer of $65. To this offer Al said "No way" meaning he did not accept.