I) For a paragraph, use the following code:

        a)  After drying my clothes at the laundry, I walked toward my car.  The day was sunny, the
             traffic was heavy.  I waited for the green light, and proceeded across the lanes.

             While walking, a car traveling at a high rate of speed, went through the light.  I yelled,
              but it was too late, and the front tire, hit the end of my foot.  I hopped toward my car, but
              my keys were dropped in the sewer.   While reaching into the area, a rat bit my finger.
              I was having a bad day.

        b) <p><font color="#FFFFFF">After drying my clothes...across the lanes.
            <p>While walking, a car traveling at a high rate of speed, ...I was having
             a bad day.</font>
 

II) The </p> tag is not required, but it can be inserted.