Please answer True or False questions 21-30, and also multiple questions 31-34
21. A court will do its best to find the intent of parties to an agreement provided that the agreement is not too indefinite 22. Requirement contracts and output contracts are examples of the exception of definiteness in a contract. 23. A marriage proposal, but not a social invitation or an offer made in jest, can create a contract offer. 24. A auction sale can be conducted with or without reserve. This means the auction must always proceed regardless of what the opening bid might be. 25. Offers, acceptances of offers, and revocations of offers are all effective when mailed in a properly addressed envelope bearing the proper amount of postage under what is called the Mailbox Rule. 26. An option is itself a contract to refrain from revoking an offer. 27. An acceptance must be absolute and unconditional. 28. A firm offer is an offer in writing that states the offer will be irrevocable for a stated period of time with a maximum time limit of three months. 29. Under the mailbox rule a properly mailed acceptance takes effect when mailed, even if it never is received by the offeror. 30. At an auction, the bidders make offers and they cannot be withdrawn. Multiple Choice dentify the letter of the choice that best completes the statement or answers the question. 31. A contract is: a. a binding agreement. b . an agreement creating an obligation. C. an agreement that creates enforceable duties and obligations. d. all of the above. 32. The elements of a contract include all of the following except: a. an agreement. b. two or more competent parties. C. consideration. d. an illegal purpose. 33. Which statement is not true regarding the role silence plays in the acceptance of a contract offer? a. Ordinarily silence can give acceptance in a contract offer. b. The offeror is not allowed to frame an offer where silence can be construed as acceptance. C. An existing contract cannot be modified to approve silence as acceptance without the other sides approval. d. all of the above. 34. The promisor in a contract agreement also may be called the: a. obligor. b. promoter. C. offeree. d. grantor. 2