Author Question: Jack mails an offer to Joan that states, I offer to sell you my car for 2000. If I don't hear from ... (Read 68 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
Jack mails an offer to Joan that states, I offer to sell you my car for 2000. If I don't hear from you in 10 days, I will assume you are willing to buy the car for the stated price. Jack hears nothing by the deadline and assumes he has a deal. What is the result?
 A) Jack has a deal. His offer was intended and contains definite terms.
 B) Jack has a deal. Joan should have responded saying she is not interested in the car if she didn't want to be bound to the offer.
 C) Joan is not bound. Generally an offeree must say or do something to accept an offer.
 D) Joan is not bound. Ten days is not a reasonable amount of time to consider the offer and accept by mail.

Question 2

Wally owns 200 acres of land. Wally offers to sell the land to Robert for 1,500 per acre. Robert replies that he does not need 200 acres of land but would like to buy 40 acres at 1,500 per acre. Wally agrees to sell but does not identify which 40 acres. Later, Wally refuses to sell any land to Robert. What is the result?
 A) Robert wins; this is an enforceable contract with complete and definite terms.
 B) Robert wins; the UCC will decide which 40 acres are to be sold.
 C) Wally wins; the original offer was not intended to be an offer but merely an invitation to negotiate.
 D) Wally wins; this agreement is too indefinite since it does not identify which 40 acres are to be sold.



janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library