Please add References Learning Activity 1 - Due Thursday, 11: Scenario: Nancy Bower is owner of Bower Gallery that specializes in oil paintings.

Please add ReferencesLearning Activity 1 - Due Thursday, 11:59 pm ESTThis assignment focuses on agency law.Scenario: Nancy Bower is owner of Bower Gallery that specializes in oil paintings. Nancy has been an agent for you for several years buying Arnold Wyeth oil paintings. You and Nancy agreed that she will purchase any and all available Arnold Wyeth oil paintings on your behalf. Some of the paintings you will keep for your private collection, others Nancy will sell on your behalf in Bower Gallery. You are to receive 75% of the proceeds from any Arnold Wyeth painting sales in Nancy's gallery. Nancy will keep the remaining 25% of the proceeds from these sales.owner of Bower Gallery that specializes in oil paintings. Nancy has been an agent for you for several years buying Arnold Wyeth oil paintings. You and Nancy agreed that she will purchase any and all available Arnold Wyeth oil paintings on your behalf. Some of the paintings you will keep for your private collection, others Nancy will sell on your behalf in Bower Gallery. You are to receive 75% of the proceeds from any Arnold Wyeth painting sales in Nancy's gallery. Nancy will keep the remaining 25% of the proceeds from these sales.A. Write sample contract that reflects the agreement between you Nancy Bower. The contract should be valid and enforceable. contract that reflects the agreement between you Nancy Bower. The contract should be valid and enforceable.B. Write brief summary explaining how the contract meets the elements of a valid and enforceable contract. summary explaining how the contract meets the elements of a valid and enforceable contract.Label answer parts. Learning Activity 2 - Due Thursday, 11:59 pm ESTThis assignment focuses on agency law.Refer again to the scenario above in Learning Activity 1. Assume the following events occurred.What effect does this have on your agency relationship with Nancy Bower?B. Recently, the State notified you that you sold more oil paintings within the past year than is legally permissible without obtaining an art dealer's license. You can obtain the license by completing state forms and paying the license fee.What effect does this event have on your agency relationship with Nancy Bower?Label answer parts.