a) Lisa promises to give Billy as a gift, her laptop. The laptop is valued at $1000. Billy accepts.

Is there a legally enforceable contract. Give your reasons.

b) If Lisa sells her laptop to Billy for $5 even though it is worth $1000, is there a legally enforceable contract. Give your reasons.

c) If Lisa sells her laptop for $100 to Billy and he accepts then later Lisa says the webcam works really well. If the webcam does not work, would that be a term of the contract?Please explain the law and any relevant cases.