Exam 11: A: Agreement in Traditional and E-Contracts

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Overnight Delivery Service delivers a package to Pam.At the request of Overnight's delivery person,to acknowledge receipt Pam signs a digital pad.This signing creates

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B

Jill tells Ken,who has no knowledge of literary comedy,that she will tutor him in the subject for $50.As an offer,this is

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A

No offer can be accepted by silence.

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False

An offer must be practical to be effective.

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Creative Solutions Corporation (CSC)agrees to sell software to Drew from CSC's Web site.To complete the deal,Drew clicks on a button that,with reference to certain terms,states,"I agree." What is this sort of agreement called? Do the parties have a binding,enforceable contract that includes the terms? Explain.

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Business Properties,Inc.(BPI),offers to sell a warehouse to Corporate Investments.Corporate says that it will pay BPI $100 to hold the offer open for three business days.This

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A contract lacking a quantity term,when appropriate,may not be enforceable.

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State Bank offers to lend money to Rodeo Promotions,Inc. ,at 15 percent interest.Before Rodeo accepts,a statute is enacted prohibiting loans at interest rates greater than 12 percent.Rodeo and the bank have

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An unequivocal acceptance operates as a rejection of the original offer.

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If no time for acceptance is specified in an offer,the offer terminates at the end of a reasonable time.

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Browse-wrap terms are often unenforceable.

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Under federal law,an electronic document can be as enforceable as a paper one.

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Final Foto,Inc. ,makes photo and video editing software,which includes a shrink-wrap agreement.Gert buys a package of the software.With respect to the contract for the software's purchase,the shrink-wrap agreement may not be enforced if

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Contracting parties cannot opt out of the terms of the UETA.

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Consumer Sales,Inc.(CSI),sends its catalogue to Dean and includes a "person?alized" letter inviting him to buy any item in the catalogue at the advertised price.This is

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Shelby offers to make digital copies of Relay Company's business conference videotapes,CDs,DVDs,and other media for $500.Under the mailbox rule and the Uniform Electronic Transactions Act (UETA),Relay's acceptance by e-mail will be considered effective when

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Any relevant evidence may be used to prove that an e-record is the act of a particular person.

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Terms in a shrink-wrap agreement have been enforced in the same way as the terms of other contracts.

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Quick Transport,Inc. ,offers to sell a truckload of palettes to Rapid Delivery Company.Before accepting the offer,Rapid learns that the palettes have been sold to Speedy Trucking Corporation.Quick is

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An auction-"we ask you to bid on this item"-is an offer.

(True/False)
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