Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 39 Lacrisha offers to service Margi's home alarm system for one year for $500. Under the mirror image rule, Margi's response will be an
QUESTION 39 Lacrisha offers to service Margi's home alarm system for one year for $500. Under the mirror image rule, Margi's response will be an acceptance if the terms of the acceptance 3. change both the price and the items offered. 0 b. exactly mirror those of the offer. O C. change the items offered, but do not change the price. Q d. change the price, but do not change the items offered. QUESTION 40 If an offeree rejects an initial offer and makes a new offer at the same time then he has made a counteroffer. 0 True 0 False QUESTION 38 Sailor Sam offers a tour of the local seaport to Tom's Tourists, Inc. for $600. When Tom tells Sam he will pay no more than $400." Sam's offer is O a. still open. O b. rejected and subject to a counteroffer. O c. revoked. O d. accepted.A contract is not valid unless both of the parties entering into it have the capacity to do so. O True 0 False QUESTION 3 Dolla's Aunt Ida tells Dolla, \"If I feel you deserve it on that day, I will give you a new car on the day you graduate from college.\" This promise O a. is illusory. O b. consists of a preexisting duty. 0 C. relies on forbearance. Q d. is enforceable. QUESTION 4 If parties fully perform a contract it is called an executory contract. 0 True O False
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