Sheila is walking along the street and discovers a document…

Sheila is walking along the street and discovers a document on the side of the road. The document provides that one party will deliver a couch to the other party. Only the seller’s name, Percy, is provided. In the document, and there are no signatures. Sheila decides to sign the document and force Percy to deliver the couch. If Sheila sued, which of the following is the most likely outcome?

10-year-old Kermit walks into a toy store, TOYS 4 US!, to bu…

10-year-old Kermit walks into a toy store, TOYS 4 US!, to buy a cool new dump truck with his birthday savings. Two days later, the truck Kermit bought was deemed collectable (a collector’s item) and thus began selling on eBay for triple the price Kermit had paid. The TOYS 4 US! manager realizes this and attempts to cancel the contract he made with Kermit. Will this cancellation be successful? Why or why not?