Multiple Choice
Will offers to sell his bike to Stan.Will has seemingly offered to sell his motorcycle, but he intended to and believes he is offering his 10-speed bike.If Stan accepts the offer, reasonably believing it was for the motorcycle:
A) no contract has been formed because there is no mutual assent.
B) subjectively Will and Stan are in agreement, so a contract has been formed.
C) objectively Will and Stan are in agreement, so a contract has been formed.
D) no contract can be formed because the offer was not sufficiently definite.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The Code's firm offer rule applies only
Q6: An offer that is made by a
Q7: A counteroffer operates as a rejection of
Q11: If there is no time specified for
Q12: The intent of an offer is determined
Q16: Which is not a revocable offer?<br>A)A bid
Q16: Silence can never be an acceptance.
Q44: Under the UCC,an acceptance must always be
Q58: The law applies a subjective standard in
Q70: Hugh recently purchased a motorcycle for $3,000