Answer these two questions about the Mount Sinai ticket attached. I have also attached examples. Use these steps to explain: (1) Offer, (2) Acceptance, (3) Consideration, (4) Capacity, (5) Legality, (6) No Defenses

1.  Is this a contract?

2.  Provide an analysis based on your knowledge of contract formation (which should address all aspects of contract formation and any possible defenses).