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that corresponds to he separate answer sheet True/False Questions you my car 1. If you agree to pay me $4 agree to sell you my
that corresponds to he separate answer sheet True/False Questions you my car" 1. "If you agree to pay me $4 agree to sell you my car" contains a valid offer to enter into a If you agree to pay me $4,000 1 will unilateral contract a. True b. False 2 John offers to sell Jane a used laptop for $400 Jane accepts the offer by leaving a messae at Noon on December 21. John does not hear the message until January 10 after he returns from vacation. Under these facts, the offer was accepted by Jane on December 21 John's answering machine a. True Falseey b. False 3. Father offers daughter $10,000 if she refrains from smoking cigarettes for one year. The daughter quits smoking immediately and does not smoke for a year. She has given valid consideration and is entitled to be paid the promised S10,000. a. True b. False An accountant completes a business return for XYZ Company that requires XYZ to pay $50,000 in taxes. Lorraine, the owner of XYZ, offers to pay the accountant an additional fee of $1,000 if he reviews the tax return and can find at least $5,000 in unclaimed legal deductions. The accountant agrees and after redoing the tax return finds $20,000 in additional deductions he had not claimed in the original return. He files an amended return and bills Lorraine the agreed upon $1,000. If Lorraine refuses to pay the bill, she is probably not in breach of contract because of the pre-existing duty rule 4. a. True b. False s. Firm offers made by merchants in writing involving the sale of goods are enforceable under the UCC. a. True b. False Professor Lpez mentions in class that he intends to give each student in his LEGL 20 class S10,000 as a gift at the end of classes because he likes the class. The students go out and spend S10,000 on gifts for themselves expecting their professor to give them the promised gift. Under these facts, if the professor changes his mind and refuses to give the students the promised $10,000, they will probably be able to successfully sue the professor for breach of contract. 6. a. True b. False
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