Please provide your answers below and submit your work on a Word document.

A wealthy businessman offers a young couple $$2$ million in exchange for his spending $48$ hours with the wife. $($This undoubtedly included some intimate relations.$)$ If the wife spent $48$ hours with the businessman, she would be entitled to $$2$ million.

Is the contract between the parties legal?

What would happen if the businessman decided not to pay the $$2$ million?

Could the couple enforce the contract in court?

Define in pari delicto and locus poenitentiae.

Why was the Statute of Frauds created?

The Museum of Modern Art hires World Construction and Alexander and Maxwell Architecture to build a modern replica of the Statute of Liberty to display at the Museum. They agree that the Museum will pay $$500,000$ with a replica to be delivered $18$ months from the date of their agreement. There is no written document other than two letters setting forth the general terms and conditions of the project. World is concerned that it does not have a document indicating its share of the payment from the museum. Alexander and Maxwell agreed to pay $$330,000$ to build the replica.

Does World need its agreement with Alexander and Maxwell to be in writing?

Discuss all issues.