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9 a. c. d. 10 Regency Construction placed an order for two hundred 2 x 4s from Lumber Jack. If the place of delivery and

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9 a. c. d. 10 Regency Construction placed an order for two hundred 2 x 4s from Lumber Jack. If the place of delivery and time for shipping the goods are not specified, the UCC provides: the place of delivery is Lumber Jack's and the time for delivering the lumber is a reasonable time based on normal trade practice. b. the place of delivery is Regency Construction and the time for shipping is within 30 days. the place of delivery is Lumber Jack's and the time for delivering the lumber is within 30 days. there is no contract because having more than one open term made the offer too indefinite. Floyd offers to sell his 1967 Ford Mustang convertible to Manny. Before Manny accepts the offer, Floyd dies. Which of the following is true? a. Floyd's heirs must sell the car to Manny. b. Floyd's heirs must continue to negotiate with Manny c. The offer terminates automatically upon Floyd's death. d. There is a contract if Manny accepts by mail before learning of Floyd's death. If an offer specifies no time limit in which to accept: a. the offeree has 30 days to respond. b. the offeree has 10 days to respond c. the offer is not valid and therefore it does not matter when the offeree responds d. the offeree has a reasonable period during which to accept Zero, Inc. agreed to build Millie a storage building for $8,000. After beginning the project, Zero realized that it could not complete the job and make a profit. Zero demanded $9,500 to complete the building. Millie agreed to pay the $9,500. When the project was complete, Millic tendered $8,000 to Zero for the job. If Zero sues Millie for the remaining S1,500: Zero will win because there was consideration for the additional $1,500. b. Zero will win because Millie had a pre-existing duty to pay any additional amounts. Zero will lose because there was no legal consideration to support the additional $1,500. d. Zero will lose because the UCC does not require consideration to modify an existing contract. 11. 12. a. c. 13. a. Police Officer Paul apprehends a wanted criminal and then demands the $10,000 reward offered by Crime Stoppers. Which of the following statements is true? Police Officer Paul is not entitled to the reward because past consideration is never valid consideration. b. Police Officer Paul is entitled to the reward because he puts his life on the line every day Police Officer Paul is not entitled to the reward because he was under a pre-existing duty to make the arrest. d. Police Officer Paul is not entitled to the reward but may have an argument under promissory estoppel. c

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