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includes Which of the following contract rights could be assigned without consent? (None restrictions on assignability) 27. a. Ira owes $500 to Beryl. She wants

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includes Which of the following contract rights could be assigned without consent? (None restrictions on assignability) 27. a. Ira owes $500 to Beryl. She wants assign this right to her brother b. Erik drives a tractor-trailer truck for Acme Trucking. Acme wants to assign his employment contract to Harrell Dairy. Salome procures a loan for $10,000 from Loans-R-Us. She wants to the right receive the loan to Ansel. Petra hires Drek to sculpt a statue of her to her satisfaction. She wants to assign the right to have the sculpture done to her sister Kindra. c. assign to Fernando d. e. All of the above could be assigned 28. On Saturday, Jean offered to sell her trail bike to Henry for $250. Henry said he was not interested in buying a used trail bike. On Tuesday morning, Henry told Jean that he had changed his mind and had a check in his wallet made out to her for $250. Is this a valid acceptance of Jean's offer? a. b. c. d. Yes, the acceptance contains the same terms as the offer. Yes, so long as Henry had not received a revocation between Saturday and Tuesday. No, this is a counteroffer and as the offeree Jean is free to accept or reject it. Yes, by offering Jean what she asked for Henry has revived the original offer. 29. Moody Manufacturer offered to sell Curley Contractor 100 Anderson windows for $80 a unit, delivery to be made at Curley's warehouse in Salisbury. Curley sent an acceptance which stated: delivery to be made at our construction site in Salisbury. What is the status of this agreement? a. There is a contract: delivery is to be made at the warehouse according to the offer. b. There is a contract: delivery is to be made at the construction site according to the acceptance, if Moody is willing to deliver there. There is no contract: the mirror image rule requires that a valid acceptance not differ from the offer There is no contract: Moody and Curley are still in the negotiation stage. Either a or b can be true at the discretion of Moody. c. d. e. 30. There was a time is of the essence clause in Bill Renovator's contract with Famous Restaurant (see item 25 above). Renovator was to pay $300/day for each day after the contract date th he was late in finishing the renovation. The $300/ day represented the profit the Restaurant would lose each day it was not in operation. Bill told Carl about this clause, impressing on Carl the need for him to deliver the carpet on time. Bill finished the renovation 3 days after the contract date. The delay was due solely to Carl's failure to deliver the carpet on time. Bill can recover the $900 he lost from Carl as at damages. d. Nominal. e. Consequential Compensatory a. Liquidated. b. Punitive. c. Direct Loss Compensatory. includes Which of the following contract rights could be assigned without consent? (None restrictions on assignability) 27. a. Ira owes $500 to Beryl. She wants assign this right to her brother b. Erik drives a tractor-trailer truck for Acme Trucking. Acme wants to assign his employment contract to Harrell Dairy. Salome procures a loan for $10,000 from Loans-R-Us. She wants to the right receive the loan to Ansel. Petra hires Drek to sculpt a statue of her to her satisfaction. She wants to assign the right to have the sculpture done to her sister Kindra. c. assign to Fernando d. e. All of the above could be assigned 28. On Saturday, Jean offered to sell her trail bike to Henry for $250. Henry said he was not interested in buying a used trail bike. On Tuesday morning, Henry told Jean that he had changed his mind and had a check in his wallet made out to her for $250. Is this a valid acceptance of Jean's offer? a. b. c. d. Yes, the acceptance contains the same terms as the offer. Yes, so long as Henry had not received a revocation between Saturday and Tuesday. No, this is a counteroffer and as the offeree Jean is free to accept or reject it. Yes, by offering Jean what she asked for Henry has revived the original offer. 29. Moody Manufacturer offered to sell Curley Contractor 100 Anderson windows for $80 a unit, delivery to be made at Curley's warehouse in Salisbury. Curley sent an acceptance which stated: delivery to be made at our construction site in Salisbury. What is the status of this agreement? a. There is a contract: delivery is to be made at the warehouse according to the offer. b. There is a contract: delivery is to be made at the construction site according to the acceptance, if Moody is willing to deliver there. There is no contract: the mirror image rule requires that a valid acceptance not differ from the offer There is no contract: Moody and Curley are still in the negotiation stage. Either a or b can be true at the discretion of Moody. c. d. e. 30. There was a time is of the essence clause in Bill Renovator's contract with Famous Restaurant (see item 25 above). Renovator was to pay $300/day for each day after the contract date th he was late in finishing the renovation. The $300/ day represented the profit the Restaurant would lose each day it was not in operation. Bill told Carl about this clause, impressing on Carl the need for him to deliver the carpet on time. Bill finished the renovation 3 days after the contract date. The delay was due solely to Carl's failure to deliver the carpet on time. Bill can recover the $900 he lost from Carl as at damages. d. Nominal. e. Consequential Compensatory a. Liquidated. b. Punitive. c. Direct Loss Compensatory

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