Instructions: Study the scenario below and then answer the two questions that follow using your own words.

Factual background: Last September 24, V and T agreed that T would trade his sports car for V's apartment building on Christmas Day.

Questions:

1) discuss the rules governing the standard of diligence T must exercise over the car, as well as the rules governing delivery of the car's accessions/accessories when the due date arrives.

2) explain clearly what the legal consequences will be if ever the car is deteriorated while it is still in T's possession prior to delivery. How would the consequences differ if the car happens to improve instead.

thank you in advance!!