hello, I'm struggling with these business law questions if anyone could please help me that would be great all of the information is provided below thank you so much!

Question 2 2 tries left Choose the incorrect statement from the denitions below. An implied contract is inferred from the conduct of the parties. An express contract is one in which the parties have expressly stated their agreement, either orally or in writing. A formal contract is one that is sealed by the party to be bound. A parol contract is a probationary agreement. 000 GO A simple contract may be oral or written but is not under seal. Question 4 'i try left key Mark is setting up a green energy consulting business. He sends out advertising brochures to all local area businesses. Lydia of Edmonton Solar Ltd. replies to Mark's ads and invites Mark to submit a proposal to Edmonton Solar Ltd. for a new marketing plan. Mark incurs some considerable expense and takes three weeks to complete the proposal. After submitting the proposal to Lydia, Mark reads in a blog that Edmonton Solar Ltd. awarded an exclusive marketing contract to another rm. Based on these facts. which of the following is true? O The invitation by Lydia is merely an invitation to treat and not an offer to make a contract. 0 Lydia will have to pay Mark something for his effort. The parties have agreed to all the required elements of a contract. 0 The invitation by Lydia shows a consensus to form a contract. 0 The court can infer an implied contract. That's incorrect. Question 5 2 tries left Which of the following ma}.F not result in a contract? 0 0 OOO Mailing of an acceptance to an offer made through the mail. where the acceptance is mailed before a letter revoking the offer is received Mailing of an acceptance to an offer made through the mail. where the offer was communicated by email Accepting a counteroffer Accepting a contract through the mail where the offer, open for a week, was made in person Mailing of an acceptance to an offer made through the mail. where the acceptance is never received by the offeror Question 6 2 tries left Which of the following is incorrect about consideration? O In a unilateral contract, the promisee must communicate acceptance before performance. O The common law says that, generally speaking, consideration need not be fair. O An extension of time is a valid form of consideration. O An act of not doing something may be valuable consideration. O In cases where the principle of quantum meruit applies, there is no need to agree to a specific rate of consideration.Question 8 2 tries left A gratuitous promise is an arrangement that the courts will enforce. a promise where there is no legal obligation created because only one of the parties is getting something. O a gift that creates contractual obligations. O a legal obligation to do what is promised. O binding since there is consideration on both sides.Agreements to complete an existing legal obligation under a contract have a problem with consideration. Which ofthe following is the best reason for this rule? 0 Gratuitous promises mean that there is an exchange of consideration. C) If one person has an existing obligation to the other person in a contract, a subsequent agreement is illegal. C) If one person promises to pay more for completion of a contract, the promise may be gratuitous. O Modications to an existing agreement require only the parties' agreement. 0 A public duty may be a gratuitous promise. Question 16 2 tries left A "meeting of the minds" is required for all contracts. Which of the following has a "meeting of the minds"? C) One part3:r does not believe he is bound by the contract. 0 The parties do not agree on a nal sale price but agree to all the other details. O Neither party believes the}.F have a valid contract but rather an agreement to discuss the matter further. O Both parties agree to all the terms but one party has not read the contract. 0 The parties are not talking about the same property but agree on all other terms. Bookseller sends Reader an unsolicited book with an invoice for it. Reader, knowing nothing about Bookseller, ignores both the book and the invoice. Has Reader accepted the hook and therefore is obligated to pay the invoice? O No. Silence is never acceptance. 0 Yes. Since Reader has the book. he must pay the invoice. O No. Communication is always required and Reader did not respond. O No. Silence is not acceptance when Reader has not used the hook. O Yes. Consumers must always pay for goods they receive