Question
COMMERCIAL LAW (UCC ARTICLE 2) MULTIPLE CHOICE QUESTION Whatistheprobable legaleffect ofKool'sstatementtoGeorgethatKool hadsold his jeep to Frank for $9,500.00? A. Kool'sconversation withGeorgeon2/11terminated Frank'soriginaloffer and operated as
COMMERCIAL LAW (UCC ARTICLE 2) MULTIPLE CHOICE QUESTION
- Whatistheprobable legaleffect ofKool'sstatementtoGeorgethatKool hadsold his jeep to Frank for $9,500.00?
A. Kool'sconversation withGeorgeon2/11terminated Frank'soriginaloffer and operated as an offer by Kool to buy George's jeep for$9,500.
B. Thisstatementhadnolegaleffectbecausetheofferhadbeenmadebya prospective buyer rather than a prospective seller.
C. UnlessacontracthadalreadybeenformedbetweenGeorgeandFrank,Kool's statement toGeorgeoperated toterminate George's powertoacceptFrank'soffer.
D. Thisconversation hadnolegaleffectbecauseFrank'sofferwasirrevocable until Feb. 12th
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Civil Procedure
Authors: Stephen C. Yeazell, Joanna C. Schwartz
10th Edition
1454897880, 978-1454897880
