Essay #8 A. On March 1, Jay Z and Beyonce enter into an oral agreement under which Jay Z agrees to sell his house to Beyonce for $800,000. They agree to a June 15 closing date. On March 2, Beyonce makes a down payment of $80,000, which Jay Z accepts. On June 12, Jay Z informs Beyonce that he has changed his mind and is no longer interested in selling his house. Beyonce sues Jay Z for breach of contract. Jay Z pleads the Statute of Frauds as a defense, stating that the agreement had to be in writing to be enforceable. What judgment? Explain fully, including whether or not Jay Z has to return the down payment. B. Also on March 1, Jay Z and Gunna enter into an oral agreement under which Jay Z agrees to sell his two cars to Gunna for $100,000 each. Jay Z agrees to deliver the cars to Gunna on March 15. On March 2, Gunna pays Jay Z a 50% down payment, which Jay Z accepts. On March 12, Jay Z informs Gunna that he has changed his mind and is no longer interested in selling his cars. Jay Z offers to return the down payment. Gunna sues Jay Z for breach of contract. If Jay Z pleads the Statute of Frauds as a defense, judgment for whom? Judgment for whom? Explain fully