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QUESTION 10 Under the mailbox rule, an acceptance of an offer is valid as soon as it is sent/mailed. True False QUESTION 11 Cindy drives

QUESTION 10

Under the mailbox rule, an acceptance of an offer is valid as soon as it is sent/mailed.

True

False

QUESTION 11

Cindy drives her car into a line for a car wash. She says nothing and the car goes through the car wash and is cleaned. Cindy refuses to pay for the car wash, stating that there was no contract. The car wash sues. What is the likely result?

a.

Cindy wins, since she said nothing, there can be no contract

b.

Car wash wins; this is an express bilateral contract that has been accepted

c.

Cindy wins; since the employee made no promise to wash her car, there is no contract

d.

Car wash wins, this is animplied unilateralcontract that has been accepted

QUESTION 12

Sammy Seller puts his house on the market but before he shows the house he creates a false ceiling to hide numerous leaks. Bob buyer signs a contract to buy the house, but later finds out that Sammy has built the false ceiling.

a.

Bob can rescind the contract due to fraud.

b.

Bob can rescind the contract anytime for any reason before closing without penalty

c.

Bob cannot rescind the contract because it was his obligation to hire an architect to inspect the house before signing

d.

Bob cannot rescind the contract because Sammy did not actually lie about the ceiling

QUESTION 13

To disaffirm a contract, a minor must cancel the contract before reaching the age of majority or a reasonable time thereafter.

True

False

QUESTION 14

Silence can normally be considered acceptance of an offer.

True

False

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