Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Alex wants to sell his family farm in Maryland to pay off his credit cards and get a fresh start in California. Breonna wants

image text in transcribed
1. Alex wants to sell his family farm in Maryland to pay off his credit cards and get a fresh start in California. Breonna wants to buy it. The law that will govern this transaction comes from a Statutory law b. Uniform Commercial Code Oc Common law O d. Agency law e. All of the above 2. Alex also wants to sell his flock of chickens. He says to Christi, "If you will give me $400. I will give you my chickens. Christi says "I could use some chickens. Maybe I'll stop by tomorrow." The partiesa. b. c. d. e.* a. Have reached an enforceable agreement O b. Have not formed a contract because there was no offer c. Have not formed a contract because there was no acceptance d. Have not formed a contract because the promises are bilateral e. Have not formed a contract because there was no written document

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Petroleum Accounting: Principles, Procedures; And Issues

Authors: Dennis Jennings, John Brady, Rich Shappard, Craig Friou

8th Edition

0940966328, 978-0940966321

More Books

Students also viewed these Accounting questions

Question

Why you think it is important in computer / digital forensic

Answered: 1 week ago

Question

In bargaining, does it really matter who makes the first offer?

Answered: 1 week ago