Case #1: Liz offered to sell Quinn an equipment on an installment payment basis. Liz also asked Quinn to make her a cash offer. Quinn made her a cash offer which she rejected. Quinn then accepted the installment payment basis. Liz later refused to perform the contract and Quinn sued her.

Question: (A) What will be the ruling of the court, and why? Be sure to clearly defend your reasoning (Hint - this is not a counter offer case)

(B) What condition would have to exist for it to be a Counter offer case?

Case #2: Zac discussed selling a farm to Lucy. Zac signed a paper stating: "I hereby agree to sell to Lucy my entire farm for $50,000.00." Lucy signed the agreement to purchase the farm on the terms Zac stated in writing. Thereafter, Zac refused to sell Lucy the farm, claiming that he had made the contract as a joke. Lucy brought suit against him to enforce the contract.

Question: What will be the ruling of the court, and why? Be sure to clearly defend your reasoning