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received. 23. Donna made an offer to Tom on Monday. On Tuesday, Donna mailed Tom a letter revoking the offer. It arrived Thursday. Meanwhile, on

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received. 23. Donna made an offer to Tom on Monday. On Tuesday, Donna mailed Tom a letter revoking the offer. It arrived Thursday. Meanwhile, on Wednesday, Tom mailed his acceptance. This arrived Friday. (a) A contract was formed because the acceptance was sent before the revocation was (b) It was not formed because the revocation arrived before the acceptance arrived. (e) It was not formed because the revocation was sent before the acceptance was sent. (d) It was not formed because the revocation was sent before the acceptance arrived. 24. Emesto opened his plumbing business before obtaining his plumbing license from the state. He just didn't get around to taking the competency test required for the license. He did some plumbing work in Sheila's house. The work was excellent and he sent her a bill for $350, a fair amount. TRUE or FALSE: Sheila does not have to pay the bill because of Emesto's failure to get a license. 25. Mark and Bill were having a dispute about their contract. Finally, Mark said, "Look, unless you agree to pay me $1,200 for the work, I'm going to sue you!" Bill said, "OK, let's settle for $1,200," because he didn't want to have to go through the nightmare of a lawsuit. But several days later, Bill changed his mind and tried to back out of their $1,200 settlement. TRUE or FALSE: Since Bill only agreed to the settlement because of the "threat" of a lawsuit, he can back out on the basis of "duress." 26. Alex assigns his right to a $1,000 payment under his contract with Pete to Carol. So Carol is the assignee. When Carol comes to Pete for the money, Pete subtracts $200 which Alex owed Pete from an earlier different transaction. Carol is furious and demands the full $1,000. TRUE or FALSE. Carol wins - since Alex's debt arose from a different transaction, it cannot be offset against the amount Pete owes Carol as the assignee on this transaction. 27. Jim paid Ann $25 for Ann's promise to keep her offer open for 30 days. Ann made clear the offer would terminate at the end of the 30th day. Jim mailed his acceptance to Ann on the 30th day and she received it on Day 32. TRUE or FALSE: The offer was accepted on time. 28. Bob had a contract to repair Mel's roof for $1,500, but Bob assigned his right to th money to Alice and Mel was notified of the assignment. After the job was complete, Alice came for the money, but Mel refused to pay on the grounds that Bob's work wa: mot good (Mel was right, the work was terrible). Alice says - "It's not my fault - Bot he bad job - you have to pay me and then sue Bob to get reimbursed." Very briefly explain whether Mel has to pay Alice or not and why

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