In an auction where the bidders values are $740,$700,$660,$650,$400,$325 and $300,the highest three bidders decide to form a bid-rigging cartel.What would the winning bid have been without the cartel?​

A) ​$741
B) $701
C) $661
D) ​$631

Uncle Rodrick was deeply in debt when he died.His niece,Evangeline,became the administrator of his estate.She orally promised Rodrick's creditors that she would personally pay his debts if they would not publicize the fact that Rodrick died in debt.When Evangeline was unable to pay the debts,the creditors sued her.Will the creditors be legally able to collect from Evangeline?

A) Yes,since there was a bargained-for exchange.
B) No,since Evangeline was not Rodrick's child.
C) Yes,since Evangeline made a guaranty of payment.
D) No,since Evangeline's promise was not in writing and signed.