Question
Nix wants to sell his new computer and says to June I will sell you my computer for about $150 on the terms we will
Nix wants to sell his new computer and says to June "I will sell you my computer for about $150 on the terms we will agree upon". June immediately states "I accept". Which description of the discussion is true:
A. | There is a contract because there was offer and acceptance. | |
B. | There is a contract because the rest of the terms can be determined by the two parties. | |
C. | There is no contract because an invitation to treat cannot become a contract. | |
D. | There is no contract because there is no consideration. |
QUESTION 6
A farmer, Pyle, makes an offer on October 15, 2021 to sell fresh milk produced at his farm all day on October 16, 2021 to the dairy, Ice Milk Inc. He says the offer will remain open for only one (1) week (7 days) from the date the offer is made. The dairy agrees to the offer on October 31, 2021. Which statement best fits the situation:
A. | There is a contract because the offer was accepted. | |
B. | There is no contract because the offer expired after a specific time occurred and acceptance happened afterwards. | |
C. | There is no contract because the offer expired in a reasonable time before acceptance. | |
D. | There is a contract because Ice Milk Inc. had no authority to accept without permission of the offeror. |
Liam, a Canadian citizen, sees his old friend, Albert, (who is from the United States), at the Toronto Toros basketball game. The two had a serious falling-out and have not spoken in over 5 years. The dispute was because Liam saw Albert take money from his house and Albert denied it. As they both enter the arena washroom Liam whispered to Albert in a voice that only he could hear: "I'm going to break your teeth on the sink in there, thief!" What, if any, tort has been committed?
A. | No, tort has been committed because both parties are not Canadian. | |
B. | The tort committed is that of Battery. | |
C. | The tort that has been committed is that of Assault. | |
D. | The tort that was committed was that of defamation. |
Max emailed Jacob offering to sell him a diamond ring for $400.Upon receipt of the offer, Jacob immediately emailed back, "I don't have $400. I'll give you $300." Max replied, "That's not high enough." Jacob then e-mailed his acceptance agreeing to pay $400. Max refused to sell the ring to Jacob.Which of the following statements is true?
A. | There is no contract | |
B. | Jacob's first response to Max is a counteroffer | |
C. | Both A and B are true | |
D. | There is a contract as Max accepted Jacob's offer |
QUESTION 11
John owns a franchise in an ice cream business named "Princess Chocolate Ice Cream". He hates the founder, Roy Croc and starts calling other franchisees to tell them that they should buy ice cream from different suppliers and start selling hamburgers. Both of these things are strictly prohibited in the franchisee contract. His actions would best be described in a subsequent tort action as:
A. | Passing off | |
B. | Inducing breach of contract | |
C. | Negligence | |
D. | Defamation |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started