Yes, Suzy and Fred have a valid contract. Fred provided an offer to Suzy and Suzy accepted it through phone call in words. However, there is one concern for Suzy in this contract. By the time the contract is effective, Fred is, under 18 years old, a minor. If Fred is not married and nor emancipated either, he has the legal right to void the contract without being treated as breaching duty.
10.
a. Suzy and Wally have a unilateral contract. Suzy made a promise to pay $10,000 in exchange for Wally remodeling her house.
b. They have an executory contract. Executed contract is a contract that has been fully performed by both of them. Suzy and Wally both agreed on the contract, by Wally has not started his work yet.
c. The court should not