1.Treasure Finders and the State of Louisiana entered into three annual contracts governing the salvage of Spanish galleon that sank in 1631, carrying a treasure now worth well over $325 million.

Both parties believed that the Spanish galleon had sunk within an area under the jurisdiction of Louisiana. Treasure Finders agreed to pay 25 percent of the items recovered in return for the right to salvage on State lands. The Spanish galleon was discovered, and Treasure Finders paid to Louisiana, 25% of everything that was recovered. Later, survey of the treasure site indicated that the ship was located a short distance away from Louisiana controlled seabed.Treasure Finders sued to recover the payments it had made to Louisiana. What will be the outcome?Please explain.

2.Henderson owed Daniels, a police captain, $50,00. Henderson instructed Danielson to discharge the debt against him or Henderson would disclose facts that would endanger his position with the police department. Daniels responded by giving Henderson a release from the debt, but later sued to recover the amount that due him. Will Daniels succeed?Please explain.