Question 1.

ProfessorDr. Pernell Clodhopper,PhD. receives anoraloffer to teach the fall semester at his old college, Big State University, for $45,000. He accepts the offer. Nothing isput into writing.

1. Using the four elements of a contract - agreement (which consists of offer and acceptance), consideration, capacity, and legality -show why a contractis or is notpresent in this fact situation.

2.If there is a contract,isthis contract enforceable? Why orwhy not.

QUESTION 2

Nanjii is the manager of a pumping plant in Texas. In March 2019 shemakes a contract with Mission Seals to purchase 30,000 teflon seals $1,000, which is the average price for seals at that time.The contract states that Nanjii must have the seals by June 1, 2019.

On May 1, Mission Seals informs Nanjii that they will not be able to meet her order. Nanjii immediately starts calling around to other seal manufacturers to see if she can get the seals someplace else. She finally finds a place that can fill the order, but at the price of $3,000. Nanjii buys the seals and institutes a breach of contract suit against Mission Seals.

Whatspecifictype of damages will Nanjii ask for, and how much will it come out to?