Bill has bought a new computer and wants to sell his old one. He sends Mindy the following signed offer: "I, Bill, will
Posted: Fri May 20, 2022 7:56 am
Bill has bought a new computer and wants to sell his old one. He
sends Mindy the following signed offer: "I, Bill, will sell Mindy
my Apple computer for $400." Mindy responds with an acceptance memo
that agrees to buy the computer for $400, but which also includes
the following term: "Bill agrees to accept $100 down on the
computer, with the balance to be paid in 5 days." Which of the
following are true: Group of answer choices
A. The common law would be applicable to this contract.
B. The additional term invalidates the acceptance.
C. The contract is void under the mailbox rule.
D. Bill could have revoked his offer at any time before it was
accepted.
Kim and Jeff went to college together at E.O.U. Kim moves to
Portland after graduation and Jeff remains in La Grande. Kim starts
a successful business and during a telephone conference tells Jeff
that she is shorthanded and would pay him union scale if he came to
work for her. Jeff quits his job in La Grande, rents a U-Haul and
moves to Portland. However, when he shows up at Kim's office, she
informs him that she just lost a major customer and cannot hire any
new employees at present. Jeff sues to enforce their agreement. A
court will most likely hold that the agreement:
A. was unenforceable because of the parole evidence rule.
B. was unenforceable because it was not put into writing.
C. was enforceable under the U.C.C.
D. was enforceable based on promissory estoppel.
sends Mindy the following signed offer: "I, Bill, will sell Mindy
my Apple computer for $400." Mindy responds with an acceptance memo
that agrees to buy the computer for $400, but which also includes
the following term: "Bill agrees to accept $100 down on the
computer, with the balance to be paid in 5 days." Which of the
following are true: Group of answer choices
A. The common law would be applicable to this contract.
B. The additional term invalidates the acceptance.
C. The contract is void under the mailbox rule.
D. Bill could have revoked his offer at any time before it was
accepted.
Kim and Jeff went to college together at E.O.U. Kim moves to
Portland after graduation and Jeff remains in La Grande. Kim starts
a successful business and during a telephone conference tells Jeff
that she is shorthanded and would pay him union scale if he came to
work for her. Jeff quits his job in La Grande, rents a U-Haul and
moves to Portland. However, when he shows up at Kim's office, she
informs him that she just lost a major customer and cannot hire any
new employees at present. Jeff sues to enforce their agreement. A
court will most likely hold that the agreement:
A. was unenforceable because of the parole evidence rule.
B. was unenforceable because it was not put into writing.
C. was enforceable under the U.C.C.
D. was enforceable based on promissory estoppel.