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1. On August 2, 2021, Ed verbally offered Nick a job as a white water rafting guide. Ed offered to pay Nick $6,000 per month

1. On August 2, 2021, Ed verbally offered Nick a job as a white water rafting guide. Ed offered to pay Nick $6,000 per month if Nick would live at Ed's cabin and guide clients on daily rafting trips for six months, starting on April 1, 2022. Nick verbally accepted. Nick then turned down another job and bought an airline ticket to get to the cabin. On April 1, 2022, Nick showed up at the cabin and started working as a guide. After one month, Ed fired Nick without cause. Nick sued Ed for breach of contract.

Based on the situation above, will Nick win? Explain in detail why or why not. Your answer must reference the relevant law.

2. Laura took out a $20,000 loan from her bank to finance some home improvements. The legal loan documents included this typo:

The borrower must "make loan payments of at least $1,000 monthly, with each payment arriving . . . not less more than 30 days apart . . . ." (I underlined the typo for you).

When Laura failed to make payments not more than 30 days apart, the bank sued her. Laura argued that she was obligated to make payments not less than 30 days apart (in other words, at least 30 days apart).

Imagine that you are the Judge.

  • How would you determine what the parties intended?
  • Would you rule for Laura or for the bank?
  • Why?

Your answers have to be in detail and needs to incorporate and reference the relevant law.

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