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Two transactions are described for you to classify and analyze liability: (a)Mutuum: Lender L lends Debtor B a cash amount of 350,000 pesos for 180 days, with the explicit understanding that B will return the identical amount (350,000) at the end of the period. B uses the funds for a business expansion and, on day 180, returns 350,000 cash. (b)Commodatum: L lends his professional-grade video camera to C for 14 days for use in a production, and C returns the camera on day 14 with a dented housing and a scratched lens. 1)Identify the governing contracts for (a) and (b) and state the controlling rule on what the borrower must return in each contract. 2)For the Commodatum scenario, explain the borrower’s liability for damages, including whether ordinary wear and tear is admissible and when the borrower must pay for repairs or replacement.