can someone answer?<br/>Below are two problems related to Administrative

Law, Consumer Protection and Negotiable Instruments. Each is worth 10 points.
The first involves the development of a cure for the common cold and the desire of the pharmaceutical company that developed the drug to sell the cure to the public.
The second deals with the negotiation of and eventual payment on a promissory note.
You may use whatever sources you find in your research to answer the questions. However, please identify these sources and provide appropriate attribution.
Good Luck!

Problem One:
Futuristic Pharmaceuticals has developed a drug that is claimed to cure the common cold. It has been given the brand name “NeverCold”.
You are on the legal staff at the Food and Drug Administration and you have received Futuristic’s application for FDA approval.
What information would you give Futuristic on the procedures for approval and licensing of NeverCold?
What would you tell Futuristic to expect in terms of government regulation of NeverCold based on the current policy in place with respect to similar drugs?
If your boss asked you for your views on the regulation and distribution of NeverCold, what would you tell him/her? One of your recommendations would be specific rules regarding this particular drug. Describe the procedures for adopting the rules.

Problem Two:
Soar Airways (Soar) entered into a lease agreement with Planes-to-Go (PTG). As part of its deposit, Soar delivered a promissory note it held to PTG. It was issued by Interavia LCC in favor of First Finance. The note had a face value of $10,000 with a maturity date one year later and was indorsed in blank by First Finance making the instrument a bearer instrument. PTG then negotiated the promissory note to FastCash who paid PTG $9,000. Later, PTG breached its agreement with Soar by failing to deliver the aircraft. After one year, the promissory note matured and FastCash wants to cash in the note. You are the attorney for FastCash. What advice would you give them regarding payment on the promissory note? What would be FastCash status as a holder of the note? What rights would FastCash have and what defenses might they encounter?