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An offer can be terminated if The offeror revokes the offer The offeror makes an offer which is an option contract The offeror makes a
An offer can be terminated if The offeror revokes the offer The offeror makes an offer which is an option contract The offeror makes a counter-offer The offeror rejects the offer Question 6 1pts Neil offers Arlene his car for $5,000 and promises to keep the offer open for ten days. Arlene tells Neil that she cannot make up her mind in ten days but that she will pay him $25 to hold the offer open for thirty days. Neil agrees. Two days later, Neil calls Arlene to revoke the offer. Which of the following is correct? Arlene can make Neil sell the car to her for $5,000 Both answers are correct Neil can revoke his offer. Neither answer is correct Ralphs grocery store advertises on the Internet that for this week, Butter Ball Turkeys are 10 cents a pound. Tianna went to buy 100 pounds of turkey for her restaurant. When she tried to pay the manager told her that the price is the regular price of $1.50 per pound. Tianna sues Ralphs. Which of the following is correct? At common law, Ralphs made an invitation to make an offer. At common law, Ralphs made an acceptance to a offer At common law, Ralphs made a binding contract with the reading of the advertisement. At common law, Ralphs made an offer Question 4 Luke decides that he no longer needs his light saber and wants to sell it for $10,000. (He built it himself and it works really well.) That day he got an email from Princess Leia who said that she really liked his light saber and would buy it for $10,000 today. Which of the following is true? There is no offer by any party because Yoda would not approve of it. There is an enforceable contract because Princess Leia's email was an acceptance of Luke's offer. Princess Leia's email is an offer. Luke's decision to sell his light saber for $10,000 was an offer
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