On July 1, Wharton and Xavier create a contract under which Xavier will pay Wharton $9,000 and Wharton will repair Xavier's large yacht, the Largesse. Wharton is to begin work on August 1 and on that day Xavier is to pay him $4,500. Wharton is to finish work on August 31, and Xavier is then to pay the remaining $4,500. Also on July 1, just after they have formed their contract, the parties converse:
Xavier: I have another, smaller yacht. It needs that very same repair. For an additional $5,000 will you repair the smaller yacht just after you finish repairing this one?
Wharton: I'll think it over and let you know within two weeks.
Xavier: That's fine. Contact me by phone, fax, or email. One week later, on July 8, Xavier dies. As a result, Wharton loses
I.his rights regarding the larger yacht.
II.his rights regarding the smaller yacht.
A.I only
B.II only
C.Both I and II
D.Neither I nor II