1-By which means can a unilateral contract be accepted?

Group of answer choices

Counteroffer

Performance

Definite promise

Illusory promise

2-Jonah and Alex are bakery owners. Read these two conversations between Jonah and Alex. Which conversation represents a bilateral contract, and which a unilateral contract?

Conversation 1:

Alex: "I will sell you my commercial oven for $20,000." Jonah: "I will have a cashier's check for $20,000 ready by the afternoon."

Conversation 2:

Jonah: "Good morning, Alex." Alex: "Hello, Jonah. I'll pay you $200 if you let me use your delivery van this Saturday." On Saturday, Jonah drops off his delivery van at Alex's bakery.

3-Which of the following scenarios would the remedy of specific performance be available?

Group of answer choices

A window cleaning company contracts to clean a retail facility but asks for an additional cleaning fee at the last minute.

Farmer Lorenzo enters into a land sale contract to sell his cabbage farm to Farmer Santiago.

A computer store advertises a sale on laptops for $500 each; however, when a customer tries to purchase a laptop, he or she is told that the advertisement contained a print error, and that the actual price is $1,500.

Due to a production backlog, an office supply company delivers only part of a shipment of office furniture that it promised.

4-Which of the following is true regarding the equitable remedy of promissory estoppel?

Group of answer choices

Consideration is required in exchange for a promise.

There must be a justifiable reliance on the promisor's promise.

An executory contract must be at the center of the dispute.

A written agreement must be executed between the parties.

5-Match the appropriate Uniform Commercial Code term regarding sales contracts with its definition.

Group of answer choices

course of dealing

[ Choose ] relates to the conduct of the parties under the contract in question after its formation practice or custom in a particular trade used so frequently that it justifies the expectation that it will be followed in the current transaction established pattern of prior conduct between the parties to a particular transaction

course of performance

[ Choose ] relates to the conduct of the parties under the contract in question after its formation practice or custom in a particular trade used so frequently that it justifies the expectation that it will be followed in the current transaction established pattern of prior conduct between the parties to a particular transaction

usage of trade

[ Choose ] relates to the conduct of the parties under the contract in question after its formation practice or custom in a particular trade used so frequently that it justifies the expectation that it will be followed in the current transaction established pattern of prior conduct between the parties to a particular transaction

6-Identify when the Uniform Commercial Code applies versus when common-law contract principles apply.

Group of answer choices

Contract for goods

[ Choose ] UCC Common law

Contract for the sale of land

[ Choose ] UCC Common law

Mixture of goods and services, but goods aspect is predominant

[ Choose ] UCC Common law

Contract for services

[ Choose ] UCC Common law

Mixture of goods and services, but service aspect is predominant

[ Choose ] UCC Common law