This topic contains a solution. Click here to go to the answer

Author Question: Dick offers to sell Jane his 1955 Thunderbird convertible. Before Jane can accept the offer, ... (Read 324 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
Dick offers to sell Jane his 1955 Thunderbird convertible. Before Jane can accept the offer, lightning strikes the car and it is totally destroyed. Which of the following is true?
 A) Jane can still accept the offer and John must find a 1955 Thunderbird to sell.
 B) The offer is terminated by law.
 C) Dick can still revoke his offer so long as he does so before Jane accepts.
 D) Jane can still accept the offer. She will be entitled to the insurance proceeds.

Question 2

If an offer specifies no time limit in which to accept,
 A) the offeree has 30 days to respond.
 B) the offeree has 10 days to respond.
 C) the offer is not valid and therefore it does not matter when the offeree responds.
 D) the offeree has a reasonable period during which to accept.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

D




awywial

  • Member
  • Posts: 577
Reply 2 on: Jun 24, 2018
Excellent


marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library