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11. BUS 320 Survivor Hector The Joker Franco offers to sell his prized purple and primer grey 1983 primer grey Dodge Comet automobile with 275,778

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11. BUS 320 Survivor Hector The Joker" Franco offers to sell his prized purple and primer grey 1983 primer grey Dodge Comet automobile with 275,778 miles on the odometer to Cen Cheng. Hector says to Cen. "I'll sell you my car for $47.83. It's actually worth a little more than that because I've changed the oil every 200,000 miles and it has 3 gallons of gas in the tank." Cen says, I'll take it," and they sign a short agreement to that effect. Cen didn't know this, but Hector, still the joker, was kidding when he made the offer. There will be a contract if: a. $47.83 is the approximate fair value of the car. b. If a reasonable person (your Dumb Cousin) would have concluded that Hector was serious when making the offer. c. Hector failed to disaffirm the contract within a reasonable time after the offer was accepted. d. The written agreement spells out all provisions of the contract. e. B and C ANSWER: 11. BUS 320 Survivor Hector The Joker" Franco offers to sell his prized purple and primer grey 1983 primer grey Dodge Comet automobile with 275,778 miles on the odometer to Cen Cheng. Hector says to Cen. "I'll sell you my car for $47.83. It's actually worth a little more than that because I've changed the oil every 200,000 miles and it has 3 gallons of gas in the tank." Cen says, I'll take it," and they sign a short agreement to that effect. Cen didn't know this, but Hector, still the joker, was kidding when he made the offer. There will be a contract if: a. $47.83 is the approximate fair value of the car. b. If a reasonable person (your Dumb Cousin) would have concluded that Hector was serious when making the offer. c. Hector failed to disaffirm the contract within a reasonable time after the offer was accepted. d. The written agreement spells out all provisions of the contract. e. B and C

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