business law

QUESTION 1 Under the common law, an offer must be accepted on exactly the same terms as those presented in order for the acceptance to be valid. True False QUESTION 7 Thomas is awaiting the results of his bar exam. He tells Paula that he will continue to employ her as his secretary if he passes the exam. If he fails the exam, the employment relationship can be terminated based on a condition precedent. True False QUESTION 8 The application of the concept of respondeat superior has which one of the following four effects? cw it holds the principal civilly liable for the act of his or her agent. (B) it holds the principal criminally liable for the act of his or her agent () It excuses the agent from civil responsibility for his or her actions. (D) It excuses the agent from criminal responsibility for his or her actions QUESTION 9 On Apr 1, Gina mailed Oscar an offer to buy his home. Oscar received the offer on April. On April 6, Oscar deposited a properly addressed, stamped acceptance in the mail, Gina received the acceptance on April 10. On April 8. Gina changed her mind, and she personally delivered a written revocation of the offer to Oscar. In most states CIA) A contract was formed on April 5 (0) A contract was formed on April 6. (C) A contract was formed on April 10. (D) A contract was not formed