Overview

In the case ofLucy v. Zehmer, 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. In this assignment, you will review the full case study in your textbook, analyze the contractual elements and ruling, and indicate whether you agree with the ruling.

Prompt

Read theLucy v. Zehmercase summary in the "Elements of the Offer" section of Chapter 14 in your textbook, and the analyze the case in relation to contract law.

Specifically, you must address the followingrubric criteria:

• Identify thecontractual elementZehmer contended was missing.
• Summarize thecourt rulingand explain thereasonfor the ruling.
• Agree or disagreewith the ruling, and include a rationale to support your ideas.
• Summarize a personal experience in which youentered into a contractthat 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.