Dara takes her children to the local community pool. She tells the lifeguard that she will pay him $100 at the end of the day if he makes sure that her kids stay safe in the pool. The lifeguard agrees.

	a.	Since the lifeguard has a preexisting duty, his promise is not valid consideration.
	b.	If Dara's children were particularly unruly, the lifeguard may demand more than $100.
	c.	none of the choices.
	d.	This is a valid bilateral contract and Dara would be obligated to pay the lifeguard $100.

In 1996, Patty signed a will leaving all of her assets to her sister Betty. In 2015, Patty who was now suffering from dementia, was determined to be incompetent by a court and was admitted to a nursing home. While in the nursing home, Patty signed a new will leaving everything to her neighbor, Joe. Upon Patty's death,

	a.	Betty will be entitled to Patty's assets under the first will.
	b.	Patty's estate will go to the state.
	c.	Betty and Joe will split the assets 50/50
	d.	Joe will be entitled to Patty's assets under the second will.

Mary keeps the signed original of her will in her home for safekeeping. The will is valid and meets all legal requirements. Unfortunately, Marys house burns down, and the will is destroyed. Which of the following is correct?

	a.	The laws of intestate succession will now control the disposition of Mary's estate
	b.	Mary's will is still in full force and effect because Mary had no intent to revoke the will
	c.	Mary's prior will goes back into effect upon the destruction of the will destroyed in the fire
	d.	The destruction of the will serves as a revocation, and thus invalidates the will

Solar Power LLC and Trey enter into an oral contract under which Solar agrees to provide Trey with lifetime employment. This oral contract is valid because it can be completed within one year.

True

False