Anne says, "I'll sell you my car for $2,500." Steve says, "I sure would like to buy it." We have an offer and acceptance:
a. and a valid contract
b. but no valid contract until delivery time is established
c. but no valid contract because the car is only worth $500, which is insufficient consideration d. but no valid contract because no witnesses exist
e. none of the other choices; there is no acceptance
e
You might also like to view...
Roubov Inc. is a chain of American department stores that sells clothing, furniture, home appliances, and toys. It buys its goods in large quantities directly from a manufacturer. Based on this information, Roubov Inc.most likely makes use of a(n)_______
Fill in the blanks with correct word.
Under the Second Restatement, a possessor of land must warn licensees of dangerous conditions of which the possessor has knowledge and the licensees do not and which they are not likely to discover
a. True b. False Indicate whether the statement is true or false
If an offer does not specify a time for acceptance, the offer terminates at the end of a reasonable time
Indicate whether the statement is true or false
All veterans are entitled to loan guarantees through the Veterans Administration
Indicate whether the statement is true or false