Question
1.Cellphones & Calltime, Inc., makes an offer to Delores to enter into a contract to work as a salesperson for a certain base salary plus
1.Cellphones & Calltime, Inc., makes an offer to Delores to enter into a contract to work as a salesperson for a certain base salary plus commission for ninety days subject to a one-year renewal based on her performance. Delores accepts the offer. A valid contract requires
a.a price and a subject.
b.none of these choices.
c.consideration.
d.specific amounts of product ordered.
2.ABC Buyer tells XYZ Seller that ABC Buyer will buy 100 units of XYZ Seller's mobile phones that are for sale if XYZ Seller advertises ABC Buyer's company on XYZ's website for one week. XYZ promises to put advertisements for ABC Buyer on XYZ's website for a week.
a. a bilateral contract.
b. none of these choices.
c.a unilateral contract.
d.no contract.
3.Avatar, Inc., agrees to deliver t-shirts emblazoned with video game characters for a certain price to Bling Bling Corporation. To constitute a contract
a.the terms must all be express.
b.the terms must all be implied.
c.the agreement must have consideration.
d.the agreement must be in writing.
4.A court determines that a contract between Tom and Jerry is voidable. If their contract is later ratified,
a.both parties are released from it.
b.both parties must fully perform their obligations under it.
c.both parties will agree to a wholly different contract.
d.a wholly different contract is imposed "as if" the parties had agreed.
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