Under the common law, an acceptance cannot deviate from the terms of the offer without being...
Under the common law, an acceptance cannot deviate from the
terms of the offer without being considered either a rejection or a
counteroffer. Under UCC Article 2:
Group of answer choices
an acceptance is only valid if it occurs in writing
an acceptance is only valid if it is made within 3 months of the offer
an acceptance is valid when the parties intend to form a contract⎯even though the offeree's acceptance contains different terms from those in the offer
an acceptance is not valid if the offeree's acceptance contains different terms from those in the offer
an acceptance is only valid if it is communicated verbally
Homework Answers
an acceptance is valid when the parties intend to form a contract⎯even though the offeree's acceptance contains different terms from those in the offer
An acceptance is valid and effective only when the parties actually intend to form a contract although the acceptance may contain different terms from those mentioned or defined in the offer accordingly. The Article 2 under the UCC actually state that the acceptance will be valid only this is true and effective.
Add Answer to:
Under the common law, an acceptance cannot deviate from the
terms of the offer without being...
1- The tort of libel is the publication or broadcast of defamatory matter in writing or...
1- The tort of libel is the publication or broadcast of defamatory matter in writing or print. True False 2- Under the common law, a valid contract requires an....... followed by a properly communicated "mirror-image"........ and supported by a ....... that is "bargained for." 3-Under common law, an offeree's ____-______ to the offeror terminates the offeree's power of acceptance. 4- Under common-law, a contractual acceptance may be validly unconditional, unequivocal, and properly communicated even if the offeree silently accepts the...
Acceptance Michael Smith, Judy Olsen, Kristy Johnston, and their mother owned interests in seventy-eight acres of...
Acceptance Michael Smith, Judy Olsen, Kristy Johnston, and their mother owned interests in seventy-eight acres of real property in Montana. When their mother died, she left her interest in the property to Kristy Johnson. Kristy wrote letters to Judy and Michael, offering to sell her own interest to Judy or Michael. Kristy's letter dated July 6 said, "if you want to accept my offer, you must only send it in writing by U.S. mail. Whoever accepts first gets my interest...
In Chapter 12, we focus on learning about the first element, which is "The Agreement." An...
In Chapter 12, we focus on learning about the first element, which is "The Agreement." An agreement must have an offer and acceptance. Assuming the other 5 elements of a contract are satisfied, a binding contract is formed as soon as an offer is accepted. Counteroffers are a common occurrence in attempting to get to an agreement. Any change to an offer, even with words of acceptance, is a counteroffer. A counteroffer, or any change to the terms of the...
Business Law Questions I need help on, not sure if the first few are correct or...
Business Law Questions I need help on, not sure if the
first few are correct or not.
It is more of a Business Law Questions
These questions are either true or false.
NAME True TRUE OR FALSE (2 Points Each) . In order to be legally valid, a contract must be in writing 2. A valid contract is one that meets all of the requirements of a enforceable contract. 3. An implied contract is formed by conduct nel 7 ....
25. An exculpatory clause is a contract clause which a places total responsibility for injury or...
25. An exculpatory clause is a contract clause which a places total responsibility for injury or damages to property on an insurance company excuses a party from liability for his or her own negligence is unconscionable because the UCC so provides Imits the time for collecting damages. 26. Won agreement is in part legal and in partiogal: a. the total agreement is vold b. the legal performance will be enforced provided that the illegal performance does not involve serious moral...
A unilateral contract is formed when the offeror makes an offer to pay money for some service by the offeree the of...
A unilateral contract is formed when the offeror makes an offer to pay money for some service by the offeree the offeree performs an act requested by the offeror. the offeror solicits a promise of performance from the offeree the offeree promises to perform an act requested by the offror. b. A contract that is formed by the acts and conduct of the parties is called_ contract a. an implied-in-law b. an implied-in-fact express d. implicit C. Rocky was hired...
44. Agreements under the “Statute of Frauds” must: a. be in writing b. be for under...
44. Agreements under the “Statute of Frauds” must: a. be in writing b. be for under $100.00 c. be on legal paper d. be notarized e. all of the above f. a and d only 45. An “illegal agreement” is one that will not be enforced because it violates: a. mirror reflection rule b. statutory law c. mutual rescission d. discord and satisfaction e. all of the above 46. The “parole evidence rule” related to contracts may refer to: a....
1. sally and maria form an LLC. Sally runs a red light causing an accident. The...
1. sally and maria form an LLC. Sally runs a red light causing an accident. The person injured can a. not sue sally to reach her personal assets. b. not sue the business, as it is a LLC. c. sue Sally to reach her personal assets and the business, but not Maria. d. sue Sally and Maria to reach their personal assets. 2. Normally, after an offer has been accepted, but before the contract has been executed, the offeror is...
Under the Parol Evidence rule the court will presume that? Select one: a. An oral contract...
Under the Parol Evidence rule the court will presume that?
Select one:
a. An oral contract does not contain all of the terms of the
agreement
b. A written contract contains all of the terms of the
agreement
c. A written contract does not contain all of the terms of the
agreement
d. An oral contract contains all of the terms of the
agreement
The different types of mistake recognised by the law include?
Select one:
a. Mutual, innocent and...
16. A promise to surrender an invalid claim is consideration, provided the promisor a in good...
16. A promise to surrender an invalid claim is consideration, provided the promisor a in good faith thought the claim was valid b. has an objectively reasonable claim (makes a claim whose validity is objectively uncertain C. both (a) and (b) d giving up an invalid claim is never a legal detriment For many months you have patronized Alice's barber shop. Yesterday you entered the shop, satin Aloes barber chair and without comment let her cut your hair. Since you...
Business Law Questions I need help on, not sure if the
first few are correct or not.
It is more of a Business Law Questions
These questions are either true or false.
NAME True TRUE OR FALSE (2 Points Each) . In order to be legally valid, a contract must be in writing 2. A valid contract is one that meets all of the requirements of a enforceable contract. 3. An implied contract is formed by conduct nel 7 ....
25. An exculpatory clause is a contract clause which a places total responsibility for injury or damages to property on an insurance company excuses a party from liability for his or her own negligence is unconscionable because the UCC so provides Imits the time for collecting damages. 26. Won agreement is in part legal and in partiogal: a. the total agreement is vold b. the legal performance will be enforced provided that the illegal performance does not involve serious moral...
A unilateral contract is formed when the offeror makes an offer to pay money for some service by the offeree the offeree performs an act requested by the offeror. the offeror solicits a promise of performance from the offeree the offeree promises to perform an act requested by the offror. b. A contract that is formed by the acts and conduct of the parties is called_ contract a. an implied-in-law b. an implied-in-fact express d. implicit C. Rocky was hired...
Under the Parol Evidence rule the court will presume that?
Select one:
a. An oral contract does not contain all of the terms of the
agreement
b. A written contract contains all of the terms of the
agreement
c. A written contract does not contain all of the terms of the
agreement
d. An oral contract contains all of the terms of the
agreement
The different types of mistake recognised by the law include?
Select one:
a. Mutual, innocent and...
16. A promise to surrender an invalid claim is consideration, provided the promisor a in good faith thought the claim was valid b. has an objectively reasonable claim (makes a claim whose validity is objectively uncertain C. both (a) and (b) d giving up an invalid claim is never a legal detriment For many months you have patronized Alice's barber shop. Yesterday you entered the shop, satin Aloes barber chair and without comment let her cut your hair. Since you...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago