1.What happens in an exchange contract. (2 pts.) 2. What is the difference between bailment and loan? Give an example. (5 pts.) 3. For a loan to have interest, what has to happen? (2 pts.) 4. Describe what a surety contract is ( 2 pts.) 5. Search an external source to find out what an accessory contract is and cite the source ( 2 pts.) 6. What is commercial law? (2 pts.) 7. For an act to be considered commercial, does it have to be carried out by a comerciant