?a. sale
b. firm offer
c. buyer
d. requirements contract
e. goods
f. output contract
g. Uniform Commercial Code
h. lease
i. seller
j. procedural unconscionability
?An offer that cannot be revoked for a reasonable time period.
Fill in the blank(s) with the appropriate word(s).
Answer: b
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Define Body and physical evidence.
What will be an ideal response?
Josie Cohen borrowed money from Second Bank and Trust to buy her home. She gave Second Bank a mortgage on the home. Josie loses her job and is unable to make the payments on the mortgage. Second Bank gives Josie notice that the delinquent payments must be paid by July 1 or the home will be foreclosed. Josie does not make the payments and Second Bank starts foreclosure proceedings. Josie obtains a loan from her aunt in an amount sufficient to pay off entirely the debt owed to Second Bank. Josie tenders the full amount to Second Bank, but Second Bank refuses to accept the money. Second Bank says that Josie was too late to stop the foreclosure. Can Josie require Second Bank to accept payment of its loan in full?
Fill in the blank(s) with the appropriate word(s).
Once a statute of limitation passes, a party cannot validly exercise his or her rights.
Answer the following statement true (T) or false (F)
What is stare decisis?
What will be an ideal response?