Question
On December 1, Barry receives a catalog in the mail addressed to him from a retailer with a very nice pair of fake leather boots
On December 1, Barry receives a catalog in the mail addressed to him from a retailer with a very nice pair of fake leather boots in it. On December 2, Barry writes a letter to the company accepting the offer of the boots in his size at the price in the catalog and asks for them to be delivered to his home. The company representatives writes Barry back on December 5 and states that the company will ship them out within two days. Barry received that letter on December 7.
Refer to the Boot Sceario. If a contract was created, what type of contract was it?
a.unilateral b. express c. implied contract d. void
Refer to the Boot Sceario. If there is a contract for the boots, what law governs the contract
a. federal contract law b. the Uniform Commerical Code c. the common law of contracts d. the International Contracts treaty
Refer to the Boot Sceario. If Barry sent a letter to the company on December 3 stating that he does not want to purchase the boots, and the company reveived his letter on December 4, it would be.
a. an ineffective revocation of his December 2 offer b. an effective revocation of his December 2 offer c. an effective rejection of the Company's December 1 offer d. the anticipatory repudation of the formed contract.
Refer to the Boot Sceario. Under the mailbox rule, if there is a contract, it most likely was
a. formed on December 1 b. formed on December 5 c formed on December 2 d. formed on December 7
Refer to the Boot Sceario. The catalog that Barry received
a. was not valid consideration that could create contract b. was not a valid offer because it lacked the specificity required to be an offer c. was an offer to sell the boots d. was an invitation for Micah to make an offer to buy the boots.
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