Last year, Nancy bought a car from Neil for $3,500 to be paid in two installments of f1,750. Nancy did not pay the second installment when it was due. She never disputed that she owed Neil this money. Neil felt sorry for Nancy, who lost her job not long after buying his car. He told her that if she paid him the half of what she owed him ($875) by the following Wednesday, he would let her off with the rest. Nancy paid him the $875 on the following Tuesday. She also gave him a bottle of wine "in consideration of his kindness". On the Friday Nancy was notified that she had been successful in one of her job applications and would be starting work at a much better salary than her old job on the First of the Month. Neil has heard about Nancy's new job and realizes that she is likely to be earning more than he is. He now wishes to claim the rest of the money which she had originally agreed to pay for the car.Required: (1) Explain the validity of the second installment. 2) Applying the critical thinking approach to analyze the case to reach a proper conclusion. SE3 sidering buving his aunt Fox's house as an investment. During