Assignment:
These are questions gotten from a busines law course the name of the textbook is "law for business students" 6th ed by alix adams. you can the find the question in quiz 5. pls help find an expert in this field to give detailed answers.
1. Are the following promises legally binding or merely gratuitous?
(a) Red returned Brown's lost tortoise. Brown promised him £5.
(b) Green agreed to sell his vintage sports car to Black for 10p.
(c) Scarlet promised her employee, Orange, that she would give him a £10 bonus if he arrived at work on time for a week.
(d) Blue was owed £50 by Yellow, but agreed to take £45 in full settlement if Yellow made the repayment a week early.
(e) Pink agreed that his tenant, Turquoise, might pay a reduced rent while he was out of work.
2. White told his tailor to make a wedding suit for White's nephew, Grey, who chose the style and material. The cost was to be charged to White's account. When the suit was finished it did not fit Grey, who had to hire one. Has Grey any rights against the tailor? The Contracts (Rights of Third Parties) Act 1999 may assist Grey, since the contract is made for his benefit. this was how the question was asked and the sentence in italices is the answer for number 2 but i need more infomation on it because i dunt understand the answer the textbook gave. so pls help me get a better explanation fr question.