1-Pam borrows $5,000 from Quality Auto Sales to buy a car. When Pam does not pay the loan or return the car, Quality wants to transfers the right to the payment to Rapid Collection Agency. Rapid agrees to pay Quality for this right, but for a price that is less than the amount owed. Can Quality transfer this right to Rapid without Pam's consent? If so, and Quality committed fraud in the deal with Pam, could Pam legitimately refuse to pay Rapid? Explain.

2-Investment Properties, Inc., hires Commercial Construction Company (CCC) to renovate the interior of Investment's office building. CCC submits plans that Investment approves. CCC completes the major reconstruction, paints the interior, and buys the fixtures and furnishings. Investment rejects some of the furnishings because they do not match the plans, and subsequently refuses to allow CCC to finish the work or to collect payment. Could CCC sue successfully for payment for the entire contract?

3-Karla contracts to sell her farm to Leroy, who is to take possession on May 1. Karla delays the transfer until September 15. As a result, Leroy incurs additional expenses in providing for hogs that he bought for the farm. When they made the contract, Karla knew that Leroy would buy the hogs, but Karla says, "Tough luck. September 15 was the earliest I could vacate the property." Is Karla liable for Leroy's extra expenses in providing for the hogs? Why or why not?

4-Alpha Investments, Inc., offers to buy Beta Computer Corporation. On May 1, Beta gives Alpha copies of Beta's financial statements for the previous year. The statements show an inventory of $1 million. On May 15, Beta discovers that the previous year's inventory is overstated by $500,000, but does not inform Alpha. On June 1, Alpha, relying on the financial statements, buys Beta. On June 10, Alpha discovers the inventory overstatement. Can Alpha succeed in a suit against Beta for fraud?

5-Delta Company hires Earl to design a Web page for Delta for $400. Before the project is started, Delta asks Earl to trouble-shoot Delta's computer operating system software for an additional $400. Earl agrees. The entire contract is oral. Earl completes the work, but Delta refuses to pay. Earl files a suit against Delta, who raises the Statute of Frauds as a defense. Can Earl recover from Delta? If so, how much, and on what basis?