please answer all questions fully 1.Name Two Types of status incapacity with an example of each

2.Explain the Mail Box rule and who it applies to with an Example

3.John a 17year old,purchases a Pool Table, 4 Cue Sticks, and a set of rack and pool balls. A week later after he turns 18, he seeks to return only the pool table and states he will keep the other items. Can John avoid the Contract this way?

4.What ways can offer may be terminated?

5.Bob loans Bill $5000at 45% interest to be paid yearly A State UsuryStatutestates that the highest interestrate that can be charged is limited to 3 % per month on the principle Bob claims that since the Statute does not address the yearly rate to be paid, he can charge his interest rate of 45% yearly Is he correct? Why? Why Not