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Question 9 Which of the following would best satisfy the requirements of a good legal offer? Not yet Select one: answered Marked out of 1.00

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Question 9 Which of the following would best satisfy the requirements of a good legal offer? Not yet Select one: answered Marked out of 1.00 Flag question O a "Ill pay you at least $4,000 for your greyhound dog, Hypersonic, and even more if the dog is blessed with good fortune." O b. "I'll pay you $75 in trade for your green bike. OC. "I'll get your suit for you tomorrow from the drycleaner." od. "The purchaser will pay $11,000 for one of the seller's used cars, the exact model to be determined at a later date." Question 10 There are exceptions to the privity of contract rule. A contract, which is an exception to the privity of contract rule, is: Not yei answered Select one: Marked out of 1.00 O a. A contract where the insurer promises coverage should the insured suffer a fatal injury. Flag Ob. An agreement where Somar purchases a snow blower from Ace Hardware for 5400. question OC. A contract which involves Jones providing snow removal services to OJ Restaurants Ltd. in exchange for payment. O d. An agreement where Neil promises to landscape the premises surrounding an office tower. Question 11 A contract that has a seal placed on it by the party to be bound is an example of what type of contract? Not yet answered Marked out of 1.00 P Flag question Select one: O a. A formal contract. O b. An implied contract. OC. A plain contract, Fi O d. An executory contract. Question 12 Which of the following agreements is not an enforceable contract due to lack of consideration? Not yet answered Select one: o a Raoul agrees to give George his new bike if George will give Raoul a job. Marked out of 1.00 O b. Jordan's neighbour promises to paint John's fence for him. P Flag question OC. Albert's boss offers him a pay raise of $250 per month if Albert accepts a promotion. O d. Magda offers to paint Masha's portrait for $150. Question 14 Choose the agreement that must be in writing in order to be enforceable: Not yet answered Select one: Marked out of 1.00 O a. Arya agrees to sell camping supplies to Igor for $25. O b. In December, 2020, a greenhouse agrees to supply flowers and shrubs for July 1 celebrations in 2021. P Flag question O c. Ivan agrees to provide housecleaning services to Natasha for $250 per month. O d. Sarah executes a guarantee of the debts of her business, Sarah's Baked Delights Ltd., in favour of XYZ Bank. Question 15 Which of the following contractual agreements is NOT required to be in writing? Not yet answered Marked out of 1.00 Select one: O a. On March 15, 2021, Fictional Co. Ltd. agrees to provide a skywriting exhibition for the City of Edmonton on July 20, 2022. O b. An agreement by a homeowner to sell their home to a revenue property owner and operator. F Flag question O C. Robin agrees to provide a guarantee to BMC Bank Canada in relation to the debts of ABC Corp. Inc. Od. Frankie agrees to sell a Tom Thomson painting collection to Cameron for $23,000.00. ne ler 0.40.07 Question 16 A contract would end by frustration in all but one of the following scenarios. Identify the EXCEPTION Not yet answered Marked out of 1.00 F Flag question Select one O a The car you agreed to purchase was destroyed in a fire. Ob. The restaurant you had booked for your wedding reception was required to close by the government due to a pandemic. O c. You have to cancel a concert you sold tickets to because you failed to apply for a city licence in time. O d. ABC Ltd. agreed to purchase a parcel of land from XYZ Corporation that was zoned for high- density development. ABC Ltd. planned on building primarily condominium units on the property. A few weeks later, the city rezoned the property for commercial use only Question 17 Not yet On April 15th you receive an offer in the mail by a supplier to sell you a specific piece of equipment for $15,000. You send a letter back to the supplier communicating your unconditional acceptance on April 30th. The supplier receives the letter on May 7th. Based on the above, when did you have a contract in place? answered Marked out of 1.00 Select one: P Flag question O a. You never had a contract. O b. April 5th. O c. April 30th. O d. May 7th

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