. For each of the following, state if the contract is void, voidable, valid, unenforceable, or something else, and explain your answer briefly (one sentence): a. Francine offered to sell her iPhone 5 to Eric for $450. Eric said, "that's too much- there's one just like it on Craig's list for $399." Francine replied, "I don't believe in the tooth fairy, Santa Clause, or the internet." Eric replied, "Okay, I will pay $450."

b. Fernanda, 21-years-old, after completing a 100-mile bike race said: "I'd give a million dollars for a cold beer." Juliana quickly handed Fernanda a beer and said: "I would like my million dollars in small bills."