Exam 11: Creating a Contract: Acceptances
Exam 1: Law, Legal Reasoning, and the Legal Profession50 Questions
Exam 2: Dispute Settlement51 Questions
Exam 3: Business Ethics and Corporate Social Responsibility50 Questions
Exam 4: Business and the Constitution50 Questions
Exam 5: Crimes50 Questions
Exam 6: Intentional Torts50 Questions
Exam 7: Negligence and Strict Liability50 Questions
Exam 8: Licensing and Intellectual Propertypart Two Contracts50 Questions
Exam 9: The Nature and Origins of Contracts50 Questions
Exam 10: Creating a Contract: Offers50 Questions
Exam 11: Creating a Contract: Acceptances50 Questions
Exam 12: Consideration50 Questions
Exam 13: Capacity to Contract49 Questions
Exam 14: Voluntary Consent50 Questions
Exam 15: Illegality50 Questions
Exam 16: The Form and Meaning of Contracts50 Questions
Exam 17: Third Parties Contract Rights50 Questions
Exam 18: Performance and Remediespart Three Sales50 Questions
Exam 19: Formation and Terms of Sales Contracts50 Questions
Exam 20: Warranties and Product Liability50 Questions
Exam 21: Performance of Sales Contracts50 Questions
Exam 22: Remedies for Breach of Sales Contractspart Four Agency and Employment50 Questions
Exam 23: The Agency Relationship-Creation, duties, and Termination50 Questions
Exam 24: Liability of Principals and Agents to Third Parties50 Questions
Exam 25: Employment Laws-Part Five Business Organizations50 Questions
Exam 26: Which Form of Business Organization50 Questions
Exam 27: Partnerships50 Questions
Exam 28: Formation and Termination of Corporations50 Questions
Exam 29: Management of the Corporate Business50 Questions
Exam 31: Securities Regulation50 Questions
Exam 32: Legal Liability of Accountantspart Six Property50 Questions
Exam 33: Personal Property and Bailments50 Questions
Exam 34: Real Property50 Questions
Exam 35: Landlord and Tenant50 Questions
Exam 36: Estates and Trusts50 Questions
Exam 37: Insurance-Part Seven Commercial Paper50 Questions
Exam 38: Negotiable Instruments50 Questions
Exam 39: Negotiation and Holder in Due Course50 Questions
Exam 40: Liability of Parties50 Questions
Exam 41: Checks and Electronic Fund Transfers-Part Eight Credit Transactions50 Questions
Exam 42: Introduction to Security50 Questions
Exam 43: Security Interests in Personal Property50 Questions
Exam 44: Bankruptcy-Part Nine Government Regulation50 Questions
Exam 45: The Antitrust Laws50 Questions
Exam 46: Consumer Protection Laws50 Questions
Exam 47: Environmental Regulation50 Questions
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According to the Uniform Commercial Code and the Restatement Second,an offeror who remains silent impliedly authorizes the offeree to accept by any reasonable means of communication.
Free
(True/False)
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(42)
Correct Answer:
True
When an offeree uses a nonauthorized means of acceptance,the acceptance is:
Free
(Multiple Choice)
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(35)
Correct Answer:
C
If an offeree dispatches both an acceptance and a rejection to an offer,_____.
Free
(Multiple Choice)
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(43)
Correct Answer:
D
Under both the Uniform Commercial Code (UCC)and the common law,the acceptance cannot materially vary from the offer:
(Multiple Choice)
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Diya sent an e-mail to Sid stating that she wanted him to organize her wedding.The e-mail mentioned that Sid should accept the offer by replying to the e-mail.He received the e-mail and went to Diya's house and communicated acceptance of the offer.Is Sid's acceptance of offer effective?
(Essay)
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An acceptance is effective as soon as it is dispatched if the offeree uses:
(Multiple Choice)
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Laura offered to sell Louis a tract of land.The offer was complete and certain as to all material terms.The offer stated that a telegraphed acceptance was required.Within a reasonable time,Louis telephoned Laura to accept.Which of the following is a true statement about this situation?
(Multiple Choice)
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(33)
An acceptance is not effective upon dispatch by the offeree if the offer is sent by a stipulated means.
(True/False)
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If one or both parties to a form contract are nonmerchants,the additional terms proposed by one of the parties are treated as:
(Multiple Choice)
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Which of the following statements is true of browse-wrap agreements?
(Multiple Choice)
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Yael sent Jen an offer to sell his mountain bike for $150.After thinking about the offer for a few days,Jen sent Yael a letter accepting his offer and asking if he intended to leave the book basket attached to the bike.The next day,before Jen's letter arrived,Yael phoned Jen and told her that he had decided to sell his bike to Jake,who had offered him $200.Which of the following statements holds true of this case?
(Multiple Choice)
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Whenever possible,the courts interpret an offer as proposing a unilateral contract.
(True/False)
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To accept an offer for a unilateral contract,where a promise is exchanged for an act,the offeree need not necessarily perform the act requested by the offeror.
(True/False)
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Which of the following statements is true of the Uniform Commercial Code about acceptance by shipment?
(Multiple Choice)
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An offer that says "If you do not object within 10 days,we have a contract" imposes a legal duty on the offeree to respond.
(True/False)
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A seller cannot accept a buyer's offer by simply promising to ship the goods or by shipping the goods.
(True/False)
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Nina sent a letter to Adrian that stated she wanted to hire him to decorate the interiors of her house.She wrote that he should accept the offer by mail.Adrian received the letter and telephoned Nina to say that he accepted the offer.Which of the following statements is true in this case?
(Multiple Choice)
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An agent of the original offeree does not have the legal power to accept an offer and create a contract.
(True/False)
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