1. Jessica faxed Nick a job offer that would remain open until December 31, 2003. Nick tried to accept the offer but because he was very busy, he did not mail the acceptance of the offer until January 3 2004. Under these facts . . .

Group of answer choices

Nick will win because Jessica's offer expiration date fell on a holiday

Jessica will win only because Nick mailed the acceptance back instead of fixing it.

Nick's acceptance will be valid because he had a good excuse for mailing his acceptance late and he was only late by a few days

Jessica will win because Nick's acceptance was not valid

Question 2

Dave mailed Grohl an offer but changed his mind and later mailed Grohl a revocation. Before Grohl received the revocation, Grohl called Dave and tried to accept Dave's offer. Dave then tried to tell Grohl that Grohl's acceptance was no good because he had already mailed Grohl a revocation letter. Grohl later received the revocation letter the next day. If Grohl sues Dave for breach of contract, who will win and why?

Group of answer choices

Dave will win because nothing in the facts shows that Grohl had begun to perform before Dave's attempt to revoke

Dave will win because he mailed the revocation letter before any attempt by Grohl to accept

Grohl will win because he accepted the offer before the revocation was received

Grohl will win because Dave has made an irrevocable firm offer

Question 3

An offeree may accept a stipulated offer by using any reasonable means.

Group of answer choices

True

False

Question 10

Which of the following is true?

Group of answer choices

None of these are true

An offer that is silent about its duration, never expires

An unaccepted offer may not be revoked unless the offeree agrees to the revocation

An offer that is silent about its duration always expires in 3 days.

Question 11

An ad lists the price of the new Justin Timberfake CDs for $1.00. Which of the following is true?

Group of answer choices

the store is the offeror

the people responding to the ad are the offerors

none of these

charging $ 1 for the Timberfake CD is outrageous and unconscionable

Question

Typically, revocations and rejections are good upon dispatch, and acceptances are good upon receipt.

Group of answer choices

True

False

Question 13

Unless there is a valid contract, you cannot enforce someone' s promise.

Group of answer choices

True

False

Question 14

2 pts

If parties expect and intend an oral agreement to later be reduced to a signed written contract, the oral agreement is probably not enforceable until the written contract is signed.

Group of answer choices

True

False

Question 15

Today, an offeree may accept an offer in any reasonable manner no matter what the terms of an offer says.

Group of answer choices

True

False

Question 16

Adam orders 100 19-inch color television sets from Ben, and requests prompt shipment of the goods. Ben promptly ships Adam 100 21-inch color TVs. but does not tell Adam that he is shipping nonconforming goods as an accommodation. In this case:

Group of answer choices

There is a good acceptance, and A is bound to pay the reasonable value of the 21-inch TVs

There is a good acceptance, but B has breached the contract by shipping nonconforming TVs

By shipping the nonconforming TVs, B has made a counter-offer which A can accept or reject.

There is no acceptance because B's shipment materially differed from the terms of the offer

Question 17

Raj went to the Napa Valley Harvest Festival, where he stopped at Tina's booth where she was selling paintings of vineyards. Raj admired a painting of vineyards, which did not appear to be for sale. Raj said to Tina, "I will give you $200 if you give me that painting right now." Tina gave Raj the painting, and Raj gave her $200 in cash. This is an example of a contract that is:

Group of answer choices

Bilateral and executed

Unilateral and executory

Bilateral and executory

Unilateral and executed