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 offer when by prior course of business dealings the parties have previously manifested mutual assent.
True
False
5-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
A-an acceptance is only valid if it occurs in writing
B-an acceptance is only valid if it is communicated verbally
C-an acceptance is not valid if the offeree's acceptance contains different terms from those in the offer
D-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
E-an acceptance is only valid if it is made within 3 months of the offer
1
True
If the statement is made in writing and published, the defamation is called libel.
2. Under the common law, a valid contract requires an offer followed by a properly communicated "mirror-image" acceptance and supported by a legal purpose/capacity that is "bargained for."
3. Under common law, an offeree's counter-offer to the offeror terminates the offeree's power of acceptance.
If a counter-offer is made, then that would not be acceptance, because the counter-offer would not be a mirror image of the offer itself.
4. True
If an offer is valid, then the acceptance must be a mirror image.
5. A-an acceptance is only valid if it occurs in writing
1- The tort of libel is the publication or broadcast of defamatory matter in writing or...
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...
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...
1. Sally and Maria form a 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, afteran offer has been accepted, but before the contract has been executed, the offeror is free...
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...
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...
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...
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. On January 1, 2018, the Metro Opera House and an opera singer made an oral contract in which Metro will pay the singer $25,000 and the singer will perform on New Year’s Day, 2020. 1. Does Statute of Frauds apply to this agreement? 2. Do the parties have a contract? Why or why not? 2. Andy and Biz Company enter into an oral contract under which Andy agrees to clean the company’s office for two years. 1. Does Statute...
1. Which of the following statements is true? a. The serving of written questions, to be answered in writing by the opposing party, is known as interrogatories. b. A long-arm statute becomes applicable only in cases in which the court has been found not to have a venue. c. An attorney "cross-examines" a witness who has been called to establish the facts about his or her side of the case. d. If a demurrer entered by the defendant is sustained...