Of the two scenarios below, explain the contractual issues and possible outcomes:
· Sammie loaned $5000 to his girlfriend Serena, so she could buy a used car to drive to work and school. Serena died in a car accident before she repaid the loan. Sammie claims he spoke to Serena's father and he agreed to pay the debt; however, her father has not paid the debt. Can Sammie recover the money? Why or why not?
· Wally contracted to sell his home to Wendy for $295,000. Before the deal closed, Wilson offered to purchase the house for $315,000. Wally accepted Wilson's offer and refused to sell the property to Wendy.
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