In the case of Lucy v. Zehmer (google it), Zehmer spent the night drinking with his friend Lucy. During the evening, a piece of paper was signed whereby Zehmer agreed to sell his farm to Lucy.

Analyze the following:

• Identify the contractual element Zehmer contended was missing. (Accurately identifies the contractual element Zehmer argued was missing)
• Summarize the court ruling and explain the reason for the ruling. (Summarizes the court's ruling and accurately explains the reason for the ruling)
• Agree or disagree with the ruling, and include a rationale to support your ideas. (Indicates agreement or disagreement with the ruling and provides a cogent description of the reasoning behind the ruling)
• Summarize a personal experience in which you entered into a contract that you did not think of as a binding contract at the time. Consider which elements of a contract were in place and which were missing.