Question 43: Detrimental reliance may often be founding in situations in which the offeror attempts to revoke the offer before the offeree is able to complete the performance originally required by the offeror for accepting the offer. (T or F)

Question 44: Under the common law, the mirror image rule

permitted the offeree's acceptance of a contract to vary to some degree from

the offeror's offer. (T or F)

Question 45: If the subject matter of an offer is destroyed, the

offer will continue to exist for a reasonable time to permit the seller to

acquire replacement goods. (T or F)

Question 46: The mailbox rule permits an offeree to accept an

offer by sending a notice of acceptance to the offeror. (T or F)

Question 47: Mutual assent is usually evidence by an offer and a

similar counteroffer. (T or F)

Question 48: A seller offering goods for sale in an auction

through an auctioneer will create a binding contract. (T or F)

Question 49: The fact that an offeror's words and conduct are

held to mean whatever a reasonable person in the offeror's position would think

they meant is the basis for the subjective theory of contracts.

Question 50: The offeree's rejection of an offer terminates it.

(T or F)

Question 51: To exercise the power of acceptance, an offeree

must accept unequivocally. (T or F)

Question 52: A shrink-wrap agreement is normally enforces unless

its terms are objectionable on grounds that apply to contracts in general. (T

or F)

Question 53: An acceptance can impose new conditions or change

the terms of the original offer without rejecting it. (T or F)

Question 54: An important rule to keep in mind with e-contracts

is that the offeree (the buyer) controls the acceptance and thus the resulting

contract. (T or F)

Question 55: An advertisement is generally considered and offer.

(T or F)