Business requirements Puns

So this frog walks into a bank looking for a business loan and sits down with a banker, miss Wak. "I'm afraid in order for this loan to go through you may be required to put forth some collateral." To which the frog replies, "Well Patty, I do have one thing I could offer." He then proceeds to offer up a small trinket, says it's been in his family for generations. Unsure if it was enough, she excused herself to consult with her manager. After a short debate between the two her manager finally exclaimed, "It's a knick knack Patty Wak, give the frog a loan!"

Professor: In the past, only contracts that involved a certain degree of formality were enforceable by the court. This required a business person who wished to create enforceable contracts to have to bring a seal around with them. Does anyone realize the practical difficulties of carrying around a seal with you?

Class: (No answer)

Professor: Well you would have to bring fish to feed the seal, a trainer to watch the seal while you are away conducting business. It would be rather ridiculous

Class: ....