Bill and Sam are discussing the sale of Sam’s care to

QUESTION

I need help on these question1.Bill and Sam are discussing the sale of Sam’s care to Bill. They mutually agree to close the deal on Friday when Sam will turn over the title in exchange for $10,000. What type of contract has been formed here? Use all possible classifications from the text and lecture.2. Even though it’s banned by EPA I contract with a company to store their toxic waste. They decide to not use my dump for storage. Can I enforce the contract? Explain3.Chelsea offers to sell her road bike to her friend if he pays $2000 before the end of the month. Before he accepts, she sells it to our neighbor for $1500. Can she do this? Explain and also indicate what her actions would be called as they relate to her friend.4. A bunch of guys were sitting around one night drinking and playing cards. One of the guys asks if I will see my boat (worth $30,000). I laugh and say “Heck ya, I’m tired of her, you can drive off with her for the cash in your wallet.” He of course says “sold!” When I refuse to let him take the boat at the end of the night, the guy threatens to sue for breach of contract. Will he be successful? Explain (Assume they are not intoxicated)

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