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#1- A lessor orally contracts to lease 15 motorbikes to a lessee. The lessee accepts the first 10 bikes and refuses to accept the delivery

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\#1- A lessor orally contracts to lease 15 motorbikes to a lessee. The lessee accepts the first 10 bikes and refuses to accept the delivery for the rest. The lessor sues the lessee for a breach of contract. The lessee asserts the Statute of Frauds and proclaims the contract unenforceable, but the court deems the contract enforceable. Discuss arguments for or against the court's verdict. Is the lessee liable to purchase all the bikes under the contract. \#2- When goods are in the possession of a holder who is neither the seller nor the buyer, the risk of loss can be passed on to the buyer or retained by the seller. Explain how. \#3- Elaborate on the lessor's right to cure with an example. \#4- If a trader draws a check for the goods purchased, what purpose does the check serve? Are there any other functions of a negotiable instrument

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