1)You offer to buy a friend's car for $10,000. He responds three years later and says he'll accept your offer

	a.	He accepted your offer and it is a contract
	b.	There was no acceptance
	c.	There was no consideration
	d.	The offer expired by the lapse of time

2) Name all things required for negotiability of a negotiable instrument?

3) A contract requires:

	a.	All the above
	b.	Consideration
	c.	An acceptance
	d.	An offer

4) I start selling magazine subscriptions door to door. I knock on your door and ask you if you would like to subscribe to some magazines. You tell me no. I then say, "okay, but your Business Law grade might drop a few points if no magazines are ordered." You immediately buy five subscriptions. You might get out of this contract due to:

	a.	None of the above
	b.	Undue influence
	c.	There not being a valid offer
	d.	Mistake