11). WHICH OF THE FOLLOWING EVENTS DO NOT TERMINATE AN OFFER "BY OPERATION OF LAW"? (A) REVOCATION BY THE OFFEROR (B) SUBSEQUENT (OR INTERVENING) ILLEGALITY (C) ADJUDICATION OF INSANITY OF THE OFFEROR (D) ADJUDICATION OF INSANITY OF THE OFFEREE 12). IF A CONTRACT FOR THE SALE OF GOODS FAILS TO SPECIFY THE PRICE OF THE GOODS, WHICH OF THE FOLLOWING IS TRUE? (A) THE CONTRACT WILL BE INVALID BECAUSE SOME OF THE TERMS ARE MISSING (B) THE CONTRACT WILL BE VALID ONLY IF A SUBSEQUENT AGREEMENT FOR PRICE IS REACHED (C) IF THE CONTRACT SAYS NOTHING AS TO PRICE, THE PRICE IS A REASONABLE ONE AT THE TIME OF DELIVERY (D) THE CONTRACT IS VOIDABLE AT THE OPTION OF THE BUYER. 13). WITH REGARDS TO AN OFFEREE'S REJECTION OF AN OFFER, WHICH OF THE FOLLOWING IS LEAST CORRECT? (A) A REJECTION BY THE OFFEREE CAUSES AN OFFER TO TERMINATE (B) AN OFFEREE WHO REJECTS AN OFFER CAN LATER ACCEPT THE OFFER AND THEREBY BIND THE OFFEROR (C) AN ATTEMPTED ACCEPTANCE THAT DEPARTS FROM THE TERMS OF THE OFFER IS A REJECTION (D) AN ATTEMPTED ACCEPTANCE THAT DEPARTS FROM THE TERMS OF THE OFFER IS A COUNTEROFFER