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QUESTION 4 With respect to contract formation, the law is concerned with what a party subjectively thought or the meaning that she intended to convey

QUESTION 4
With respect to contract formation, the law is concerned with what a party subjectively thought or the meaning that she intended to convey to the other party.
0.33 points
True
False
QUESTION 5
0.33 points
Merely inquiring about the possibility of obtaining different terms operates as a counteroffer.
True
False
QUESTION 6
0.33 points
Jamie offers to sell her laptop to Mikey for $400. Mikey offers her $350.
a. Mikey has rejected 'Jamie's offer and can no longer accept the original offer
b. Mikey's offer of $350 is a counteroffer.
c. Mikey's offer of $350 is effective when Jamie receives it.
d. All of the above are correct.
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