About education child is receiving from particular teacher

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Reference no: EM131733159

Sally is very concerned about the education her child is receiving from a particular teacher. She contacts the teacher and offers her a "bonus" of $10,000 if, at the end of the semester, the teacher can raise her child's reading score by two grades. The teacher accepts. At the end of the semester, the child's grade does go up two grades.

A) Was a contract formed so that Sally is liable to the teacher?

B) One month after Sally borrows the money to pay the teacher, agreeing to pay an interest rate of 15% per month. She does repay the loan. She then attends Business Law 18 here. Based on that, what should she considér with regard to the lender?

Reference no: EM131733159

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