Hypothetical situation: As the holidays approach, your large extended family is thinking about giving your very lively grandfather a really nice gift: a 2021 Corvette! On December 1 your family makes a purchase contract to have the car delivered to your grandfather's house, as a surprise, on December 24 with a big shiny bow on top. On December 15 the dealer contacts your family with bad news: due to high demand they will not be able to deliver the car until sometime in May or June 2021. Your family is justifiably upset. Review all of section 22-2 (22-2a through 22-2e) in your text. What is the name for this situation? What are its requirements (the R in IRAC)? A/apply the requirements to our hypothetical situation to show how you've reached your conclusion." What can the family do? In reality, what is the family most likely to do? This post should be at least 200 words long. You must also comment on a classmate's posting before the 11:55 p.m. deadline. Your answers (and comments) should be specific and detailed if you expect to earn 10/10. Either add to the