While camping, Jerome orally offered to loan his girlfriend, Amelia, up to $15,000 whenever she may want, anytime over the period of the next 24 months. In return, Amelia promised to pay 10 percent interest on any amount borrowed, with up to five years to repay Jerome. Amelia wrote the essential terms in the dirt at the campsite, and they each wrote an "X" near the terms to signify their mutual assent. Jerome didn't know that Amelia took a picture of what was written in the dirt, just before the wind blew it away. Several months later, Amelia - relying on the promise made by her then ex-boyfriend, Jerome - entered into a written contract to purchase some land from her good friend Loretta, promising to pay Loretta $15,000 for the property within the next 20 days. Both parties mutually assented to the terms of the contract. Loretta thanked Amelia, saying, "What a relief - I can stop trying to borrow from banks and spend more time with Grandma." That same day, Amelia entered into a written contact with a builder to construct a house on the property and she paid a $1,000 non-refundable deposit. Amelia and Loretta knew that the price of $15,000 was far less than the $50,000 actual value. Loretta explained why she gave Amelia a huge discount - because Loretta desperately needed $15,000 to pay for her grandmother's cancer surgery in three weeks to save Granny's life. As Amelia read the contract at home alone, she realized that she had inadvertently failed to sign it. Amelia immediately asked Jerome to loan her $15,000 right away, so she could buy Loretta's property. Jerome refused. Amelia called Loretta right away and told her about the loan problem. Loretta pleaded, "You must pay me the money, because otherwise Granny will die!" 1. Is Jerome legally obligated to loan $15,000 to Amelia? 2. Is Amelia legally obligated to buy Loretta's real estate for $15,000 within 20 days?