Donald and Joe were involved in a car accident with each other on November 3, 2021. Joe was driving one car, and Donald was driving the other car. Donald's car hit Joe's car from behind at a stoplight.Donald was fine, but Joe was injured.Donald took out his checkbook and offered to pay Joe $1,461 for Joe's pain and suffering. On the check, Donald wrote "Full and final settlement for pain and suffering related to car accident on November 3, 2021". Joe accepted the check for $1,461 and cashed it two days later. True or False: If Joe sues to recover for additional pain and suffering after cashing the check from Donald he will be unable to recover additional damages.

True of False: A television advertisement for paper towel would be considered an offer.

Willie works with a man named Kenny. Willie loaned Kenny $5,000, and Kenny has not yet paid back any of the money. Willie is concerned that Kenny might die before he is able to repay the $5,000 he owes Willie. True or False: Willie has an insurable interest in Kenny's life.