Question: true or false and please explain why 1. Ambiguity in a contract is generally interpreted against the author of the contract 2. Fred said to

true or false and please explain why

1. Ambiguity in a contract is generally interpreted against the author of the contract

2. Fred said to Melba, "Melba, you have been really nice to me. For that I will pay you. 500." This is not binding due to a lack of consideration

3. A party to a breach contrast has a duty to mitigate the damages

4. The statue of frauds basically states that all contracts need to be in writing in order to be binding

5. Alfred the Great, King of the Saxons is credited with being founder of our U.S, legal system

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