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Give the correct answer with detailed explanation and don't copy from internet. QUESTION 7 On September 1, 2020, LoBrau Brewing Inc. enters into a contract

Give the correct answer with detailed explanation and don't copy from internet.
QUESTION 7 On September 1, 2020, LoBrau Brewing Inc. enters into a contract to employ Homer as its CEO beginning on November 1, 2020. On October 1, 2020, LoBrau Brewing Inc. enters into merger discussions with Duff Brewing Inc. and terminates Homer's contract on that day. Homer can: O 1. Treat this as an anticipatory breach of contract and bring suit against LoBrau Brewing Inc. immediately 2 Treat this as a breach of contract and bring suit, but only after November 1st two years from now 3 Treat this as a breach of contract and bring suit, but only after November 1st. 4: Do nothing, since the contract never actually started QUESTION 8 Peter contracts with James to provide 100 chickens for $5.00 apiece. Peter delivers the chickens to James. James pays $500 to Peter. Has Peter been discharged under this contract? Yes NO

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