BLS 342 Lucy v. Zehmer Problem Presented: Lucy and Zehmer met while having drinks in a restaurant. During the course of their conversation, Lucy offered to buy Zehmer’s 450-acre farm for $50,000 cash. Although Zehmer claims that he thought the offer was made in jest, he wrote the following on the...
lucy and zehmer met while having drinks in a restaurant
Written for
Miami University
BLS 342
All documents for this subject (1)
Seller
Follow
Courseprof
Reviews received
Content preview
BLS 342 Zehmer
v.Lucy Spring
, BLS 342
Lucy v. Zehmer
Problem Presented:
Lucy and Zehmer met while having drinks in a restaurant. During the course
of their conversation, Lucy offered to buy Zehmer’s 450-acre farm for
$50,000 cash. Although Zehmer claims that he thought the offer was made in
jest, he wrote the following on the back of a pad: “We hereby agree to sell to
Lucy the Ferguson Farm complete for
$50,000, title satisfactory to buyer.” Zehmer then signed the writing and
induced his wife Jane to do the same. She claims, however, that she signed
only after Zehmer assured her that it was only a joke. Finally, Zehmer
claims that he was “high as a Georgia pine” at the time but admits that he
was not too drunk to make a valid contract.
Answer the following to answer this question.
1. “Lucy and Zehmer met while having drinks in a restaurant. During
the course of their conversation, Lucy offered to buy Zehmer’s 450-
acre farm for $50,000 cash.”
(fill in the blank) Zehmer is the offeree. Lucy is the
offeror. Offers for land need to be made in (fill in
the blank) writing. The value of the offer (circle
one) is or is not important.
2. “Although Zehmer claims that he thought the offer was made in jest,
he wrote the following on the back of a pad: “We hereby agree to sell
to Lucy the Ferguson Farm complete for $50,000, title satisfactory to
buyer.”
What are the four elements of a contract? (fill in
the blank) mutual assent, consideration, capacity,
legality
Which one is at issue here? (fill in the blank) mutual
assent What is the contradiction? (check all that
apply)
X Zehmer thought the offer was made in jest, wrote
contract terms on paper.
$50,000 is an undervalued price for over 450 acres.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Courseprof. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
