Reference Book:

Business Law and the Legal Environment.pdf(saylor.org)/

https://www.saylor.org/site/textbooks/Business%20Law%20and%20the%20Legal%20Environment.pdf

Chapter 8 section 8.3 exercise on page 290

1. Able writes to Baker: "I will mow your lawn for $20." If Baker accepts, is this an express or implied contract?

2. Able telephones Baker: "I will mow your lawn for $20." Is this an express or implied contract?

3. What is the difference between a void contract and a voidable one?

4. Carr staples this poster to a utility pole: "$50 reward for the return of my dog, Argon." Describe this in contractual terms regarding explicitness, mutuality, enforceability, and degree of completion.

5. Is a voidable contract always unenforceable?

6. Contractor bids on a highway construction job, incorporating Guardrail Company's bid into its overall bid to the state. Contractor cannot accept Guardrail's offer until it gets the nod from the state. Contractor gets the nod from the state, but before it can accept Guardrail's offer, the latter revokes it. Usually a person can revoke an offer any time before it is accepted. Can Guardrail revoke its offer in this case?