Lisa." 1. 10pts On May 1, Sharon and Bob two college professors, entered into an oral contract under which Sharon agreed to sell her computer to Bob for $1,300, with delivery and payment on May 15. On May 2, Sharon sent Bob a signed letter confirming all the terms of their oral contract. Bob received Sharon's letter on May 3 but never responded on May 15, Sharon tendered delivery of the computer to Bob, but refused to accept or pay for it, stating that he had changed his mind and did not want Sharon's computer. Sharon sues Bob for breach of contract. Bob pleads the Statute of Frauds and a defense. 4) Judgment for whom? Explain fully. B) If Sharon and Bob were merchants who sold computers, judgment for whom? Explain fully. 2. 15 pts On November 1, Lisa received the following letter from Tom: "I hear that you are interested in purchasing my Horse I will sell it to you for $10,000, delivery at my house on November 20. (signed) Tom." On November 2, in a telephone conversation, Lisa requested, and Tom agreed that the offer would be irrevocable until November 15. On November 7, Tom received the following letter dated November 5 from Lisa: "I am still very interested in your offer, but would you consider taking $8,000 cash plus my Secretariat horse-shoe (famous horse memorabilia)? (signed) On November 10 at 10:00 A.M, Tom mailed the following letter to Lisa: "I withdraw my offer to sell my Horse. (signed) Tom." This letter was received by Lisa on November 15. On November 14 at 11:00 AM, Lisa sent the following letter by Federal Express overight (authorized means) to Tom: I accept your offer for the sale of your Horse. (signed) Lisa." Due to an error by Federal Express, this letter did not reach Tom's home until November 17. A) Is there a contract? Discuss, explaining the significance of each communication (11. 11.2..) between Lisa and Tom. In addition to discussing and defining what law governs and why. B) What if on November 16 Tom dies, would your answer be the same? 3. 15pts Colicchio's Restaurant (owned by Tom Colicchio) agreed to buy 2s live Turkeys from the Albert Farms (owned by Albert Danbury) for $40 per Turkey to be prepped and served for dinner at Colicchio's Restaurant for a Thanksgiving feast in 3 days. When the Turkeys were delivered, Colicchio discovered that 10 Turkey's appeared rather sickly and, he believed, unusable. Sickly poultry is a health code violation. Albert believed that the Turkeys were in acceptable condition and not below health code standards and sent Colicchio's Restaurant a bill for S1000.00 demanding payment Colicchio's called up Albert and refused to pay that much but indicated that he was willing to pay $750.00 only. Albert said "Not enough. Give me 5900.00 and I won't sue." Tome said, "OK. I agree. I will pay you $900.00 to settle this mess." Tom then sent Albert a check for $900.00 Albert singed the back of the check and deposited it in his savings account. A week later, Albert sues Tom for what he said was the remaining $100.00. A) Judgement for whom? Explain fully B) Would your answer to fa) he different i Albert had written "Without prejudices on the back of the check before he deposited it? Explain fully What i Colicchio's Restaurant ordered a specific Turkey named Gobblie for his unique wattle from Albert Farms, delivery to be made on Thanksgiving Day. Gobblie was going to be "pardoned "ar Collechlo 's annual feast, Tom had picked Gobble for his unique coloring. However, the day before Thanksgiving, Gobblie was eaten by a capore (by no Jault of Albert Farms) Does Albert Farms still need to perform their part of the contract. Explain fully 4. 20pts Jimmy Johns is the president of Cytoflex, Inc., a Delaware corporation, with its principal place of business in New York which manufactures home gym equipment. One of its products is the Cytoflex Trainer, a piece of equipment that includes weights, pulleys and elastic bands. Because of the way the Trainer is designed, if the user is not paying careful attention or is of slightly less than average strength, the elastic bands tend to snap back toward the user. This tendency was noticed by Cytoflex employees when the Trainer was being tested and the employees reported the results to Johns. Johns felt that this was not a significant problem and authorized the production and shipment of Trainers to retail outlets, including Big Mart Stores Within a year, over 15,000 trainers had been sold nationwide. Within 18 months of the first sale, there were reports of over 200 accidents involving users of the Trainer. Many of those accidents involved serious injuries, including injuries to users eyes, causing blindness in one or both eyes. 4) Hugh Youser is one of the consumers who was injured by the Trainer. Identify nwe causes of action thar Hugh Youser might bring against Cyroflex, Inc. and discuss what he would have to show to be successful on each claim. (State the Cause of action and their elements and explain) B) Could Big Mart be held liable to Hugh Youser on either of those claims? Explain fully Can Hugh Youser a resident of New York sue Cytoflex Inc., in New York Federal Court? Explain why or why non. 5. 15pts On January 15, Molly Pine, a well-known business executive, received a letter from The Varner Boutique, which stated: "We hereby offer to sell you the original Queens desk, entitled desk resolute, by the firmed furniture designer Strada, for $1.075,000. This offer will expire on Feb 1 (signed) Donatella Varner Boutique, Pine, who liked to bargain, wrote back: "I'm very interested in your offer. Will you include a professional cleaning of the desk? (signed) Molly Pine. Varner Boutique received this letter on January 18 but did not respond to it By January 25, Pine was in serious financial difficulties and realized she could not afford to buy another piece of fumiture, She mailed the following letter to Varner Boutique, "Since you have rudely failed to respond to my earlier letter, please be advised that I have no intention of buying the Desk Resolute from you. (signed) Molly Pine. Vamer Boutique received this letter on January 28 On January 26, however, Pine found out that she was the sole winner of a $342 million Megazillions lotto jackpot. That day, she gave the following letter to Federal Express (authorized means) for delivery to Vamer Boutique the next day: "I hereby accept your offer to buy the Desk Resolute, by Strada, for $1.075,000 (signed) Molly Pine." Due to an error by Federal Express, Vamer Boutique did not receive this letter until January 30, On February 3, Pine called Varer Boutique to ask when the Desk Resolute would be delivered to her. Vamer Boutique responded that there was no contract between Pine and Varner Boutique and that the Desk Resolute had been sold to someone else. Pine sues Vamer Boutique for breach of contract. I Judgment for whom? Is there a contract Discuss, explaining the significance of each communication between Pine and Varner Boutique. In addition to discussing and defining what law governs and why