Question
21. Angel offers to sell a used laptop computer to Lorenzo for $900. Lorenzo says, I just cant pay $900, but I am willing to
21. Angel offers to sell a used laptop computer to Lorenzo for $900. Lorenzo says, I just cant pay $900, but I am willing to pay $700. Lorenzo's statement is: A) revocation B) counteroffer C) option D) puffing E) none of the above
22. True or False John sends Mary an email as follows: I promise to wash your pickup truck on Saturday, October 26, 2019, for $20. Mary called John to accept. John shows up on Saturday, and washes the pickup truck. If Mary refuses to pay John, John could enforce their agreement in Small Claims Court.
23. The parents of a missing toddler post a reward for the person who finds and returns their child. The child, asleep in a vacant lot, is found by a police officer on patrol, and brings the child to the parents. A) the officer can accept the offer and collect the reward from the parents. B) the officer can collect the reward because it would be unconscionable to allow the parents to rescind their offer. C) the officer cannot collect the reward because he was not a party to the contract. D) the officer cannot collect the reward because he had a pre-existing legal duty to look for the child.
24. Martin offers to pay Marietta a million dollars if Marietta will take his final exam for him. Two other witnesses hear Martin make his offer. Marietta accepts the offer, and takes the final exam for Martin. When she asks for payment, Martin refuses. If Marietta takes Martin to court, the judge will probably: a. send Marietta to jail b. send Martin to jail c. enforce the promise as a contract d. not enforce the agreement it is not valid as a contract
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