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ugnment+Two+Fall+20... Edit in Browser Download Save to OneDrive BLAW+3330+Assignment+Two+Fall+2021 Accessibility Mode Print Find 12. If Anna Laura, in return for the payment of $200 to

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ugnment+Two+Fall+20... Edit in Browser Download Save to OneDrive BLAW+3330+Assignment+Two+Fall+2021 Accessibility Mode Print Find 12. If Anna Laura, in return for the payment of $200 to her by Catherine, gives Catherine an option to buy Jesse, a prime Arabian mare, at any time within the next 14 days at a price of $50,000, Anna Laura's offer to Catherine is: a. a revocable option contract. b. an irrevocable output contract. c. irrevocable for the 14 days covered by the option. d. a requirements contract. 13. Which of the following would NOT be a merchant under Article 2 of the UCC? a. The owner of a hardware store which sells paint. b. A car mechanic who fixes used cars and sells then in his spare time. c. A person who inherits three speedboats and wants to sell them to buy a car. d. Two of these are true. 14. Michelle's Boutique places an ad in the Sunday paper for beautiful, top-of- the-line designer suits for $3.00. Alice sees the ad in the paper and goes to the store to stock up on business suits for her new job. Michelle apologizes for the misprint. Alice has just finished a class in contract law and insists that the store sell her five suits for $15. Alice threatens to sue Michelle for breach of contract. a. This is a valid contract based on commercial reasonableness. b. The ad in the newspaper is an offer to sell, Alice accepted the offer, and there is an enforceable contract. c. The ad in the newspaper is a solicitation seeking offers, but is not an offer to

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