Multiple Choice
On May 1, 2002, Marek received a telegram from Sergei offering to support him in his new construction project. On May 5, 2002, at 9:00 a.m., Sergei sends Marek a telegram attempting to revoke the offer. At 11:00 a.m. on the same day, Marek mails Sergei a letter attempting to accept the offer. At 11:30 a.m., Marek receives Sergei's revocation. Assume Marek and Sergei are both construction contractors and the custom in the construction business is to offer by telegram and accept by mail. Which of the following statements holds true in this situation?
A) Sergei's revocation can make changes to the contract, though it reaches Marek after he sends the acceptance mail.
B) Marek's acceptance would be effective only when Sergei reads the acceptance, which would then create the contract.
C) The parties would have a contract because Marek used the means of communication impliedly authorized by trade usage.
D) The parties would not have a contract as Marek used a nonauthorized means of communicating his acceptance.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: The Uniform Commercial Code (UCC) changes the
Q25: If an authorized means of acceptance is
Q26: The manager of Mack's Bar sent Olive
Q27: Under both the Uniform Commercial Code (UCC)
Q28: Mack's Bar sent Olive Outlet an order
Q30: To accept an offer for a unilateral
Q31: According to the Uniform Commercial Code's rule,
Q32: Which of the following statements is true
Q33: An offeree's acceptance is not effective upon
Q34: When an offeree uses a nonauthorized means