ble s Instructions: Answer each of the following questions in 10 sentences or less. Type and label your answers. Use the IRAC format. bus A) Do the following contracts need to be in writing to be enforceable? Explain why or why not. 1. An agreement of sale for a piece of real estate for a corporation to build a new warehouse for $1,000,000. zes ules 2. A contract for consulting services for $80,000 over the next 11 months. erences Instructions: Answer each of the following questions in 10 sentences or less. Type and label your answers. Use the IRAC format. 1) Marshall Clothing (Seller) entered a shipment contract with Chase Department Stores (Buyer) to send them 3,000 black robes via Mercury Shipping Co. The robes were irreparably damaged in Mercury's warehouse by moths. Who (the seller or the buyer) bears the risk of loss and why? 2) Grocer orders 50 gallons of whole milk from Dairy to be delivered December 23. On December 20 he receives 60 gallons of skim milk. He rejects the order but does not inform Dairy of his rejection. On January 2, Dairy demands full payment. Does the Grocer have an obligation to pay? Why or why not? ble s Instructions: Answer each of the following questions in 10 sentences or less. Type and label your answers. Use the IRAC format. bus A) Do the following contracts need to be in writing to be enforceable? Explain why or why not. 1. An agreement of sale for a piece of real estate for a corporation to build a new warehouse for $1,000,000. zes ules 2. A contract for consulting services for $80,000 over the next 11 months. erences Instructions: Answer each of the following questions in 10 sentences or less. Type and label your answers. Use the IRAC format. 1) Marshall Clothing (Seller) entered a shipment contract with Chase Department Stores (Buyer) to send them 3,000 black robes via Mercury Shipping Co. The robes were irreparably damaged in Mercury's warehouse by moths. Who (the seller or the buyer) bears the risk of loss and why? 2) Grocer orders 50 gallons of whole milk from Dairy to be delivered December 23. On December 20 he receives 60 gallons of skim milk. He rejects the order but does not inform Dairy of his rejection. On January 2, Dairy demands full payment. Does the Grocer have an obligation to pay? Why or why not