Calvin told his friend Hannah that if she could climb Mount Everest, he would give her $25,000. To bind the agreement, Hannah gave Calvin $100, which he accepted. Six months later, Hannah successfully climbed Mount Everest. Unfortunately, before she had successfully climbed Mount Everest, Calvin had died. When Hannah tried to recover the money from Calvin's estate, the estate administrator refused to honor the claim on the basis that: (1) no contract existed and that even if it did, (2) the contract was oral and unenforceable without sufficient written proof. If Hannah goes to court to enforce the promise made by Calvin, what is the most probable result?

Question 8 options:

a)

Denied, because the offer terminated at Calvin's death.

b)

Denied, because the contract would fail under the Statute of Frauds.

c)

Granted, because Calvin's promise was supported by consideration.

d)

Granted, because Calvin was sincere about his promise.

Question 9(12 points)

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Harriet entered into a contract with Ophelia which stated that Ophelia owed Harriet $250 for a bonus which was never paid. Ophelia did not pay the $250, and Harriet sued for breach of contract. What would be the best argument for Ophelia?

Question 9 options:

a)

That it was a mistake for Ophelia to enter into a contract with Harriet.

b)

That the agreement was not fully integrated.

c)

That Harriet had more capital than did Ophelia.

d)

That Harriet knew that Ophelia's agent had already paid the bonus.