3.1 Objective Theory of Contracts While A.H. and Ida Zehmer, husband and wife, were drinking with W.O. Lucy Mr. Zehmer made a written offer to sell a 471-acre farm th Zehmers owned to Lucy for $50,000. Zehmer contends th offer was made in jest and that he only wanted to bluff Lu into admitting that he did not have $50,000. Instead, Lucy appeared to take the offer seriously, offered $5 to bind the and had Mrs. Zehmer sign it. When the Zehmers refused t perform the contract, Lucy brought this action to compel specific performance of the contract. Is the contract enforceable? Lucy v. Zehmer 196 Va. 493, 84 S.E.2d 516. 1954 Va. Lexis 244 (Supreme Court of Virginia)