Last October 10, Miguel and Felix agreed that Miguel would trade his sports car for Felix's posh condominium unit on December 25.

1.Discuss the rules on the standard of diligence Miguel must exercise over the car, as well as the rules governing delivery of the car's accessions/accessories when the due date arrives.

2.State what are the legal consequences will be if ever the car is deteriorated while it is still in Miguel's possession prior to delivery. How would the consequences differ if the car happens to improve instead?