1. Barry and Sandy enter into an oral agreement on Monday where Barry will sell his motorcycle to Sandy for $450. Three days later, Barry informs Sandy over the telephone that the price should be $550 and Sandy agrees to buy it at that price. When Barry tenders the motorcycle on Saturday, Sandy refuses to pay and decides she no longer wants it. Is there a valid contract? Explain your answer. 2. Debbie is helping her friend Donna clean out her basement. Donna is getting rid of everything because she is adding bedrooms downstairs. While cleaning, Debbie spots a painting in one of the boxes. Donna tells her it's a piece of junk but if Debbie wants it, she can take it. Debbie takes the painting. It turns out that the painting was not a piece of junk but valued at $10,000. Who owns the painting? Explain your answer. 3. Fred and Barney enter into a written agreement where Fred will sell Barney a special edition "Harley" motorcycle for $12,500. Barney pays Fred the entire amount on Friday and Fred promises to deliver the motorcycle on Sunday. There are 25,000 special edition motorcycles in the United States being sold for the same price. On Saturday, Fred telephones Barney and tells him he won't be able to sell him the motorcycle and drives to his house to refund him the money. Barney refuses to accept the money and demands delivery of the motorcycle. Will Barney be successful at enforcing the sale of Fred's motorcycle? Explain your answer. 4. Little Bobby is in the street with his friend Little Tommy throwing a Nerf football back and forth. Tommy runs out for a pass and Bobby throws a bullet missing Tommy but hitting a neighbor's car. The neighbor saw the ball strike his car and came outside to tell them to be careful. Bobby accidentally hit the car again the next day when he threw a pass to Tommy. Assume there is no damage to the vehicle. If the neighbor files a lawsuit, will he prevail? Explain your answer. 5. Dolls, Inc. enter into a written agreement with Holy Family Medical Center Children's Hospital to deliver 1000 Cabbage Patch dolls. Delivery must take place on December 15th, 2021. On December 8th, the CE of Dolls informs the hospital that he is not sure he can deliver the dolls by December 15th. When the hospital coordinator hangs up the phone, she telephones her legal department who immediately files a lawsuit for breach of contract. Who will prevail? Explain your