Multiple Choice
On June 1, the Mega Marketing Research Firm sent out a mail survey to 5,000 potential customers of Mega's client company. The survey stated that everyone who completed the survey and mailed it back would receive a prize. Mega did not expect everyone to respond to the survey and had only 1,000 prizes on hand for the respondents. On July 14, Sam mailed back his response and eagerly awaited his prize. On July 15, Mega sent out the last prize it had. Sam's response arrived on July 16. It was the 1001st response, and Mega wrote back telling Sam that because all the prizes were gone, he would not be able to have one.
A) No contract was formed here as there was no communication of Sam's acceptance before Mega's offer lapse.
B) Mega may assert that silence is not acceptance and Sam did not communicate his acceptance on time.
C) Mega had essentially revoked its offer before Sam accepted.
D) A valid contract was formed between Mega and Sam.
Correct Answer:

Verified
Correct Answer:
Verified
Q85: In contracts between family members, the courts
Q86: A person can be required to perform
Q87: With regard to online contracts, which of
Q88: Which of the following statements is <u><b>incorrect</b></u>
Q89: Important terms can be implied in a
Q90: Unless otherwise stated acceptance of an offer
Q91: Consideration is the value one is willing
Q92: In Canada, the objective of the Uniform
Q93: Under the Electronic Commerce Act, acceptance occurs
Q95: An invitation to treat is a willingness