 |
| 1 | |
Rico offers to sell Jose his boat. Rico is the offeror. |
| | A) | True |
| | B) | False |
|
|
|
| 2 | |
An offer to sell must be absolutely definite to be legally enforceable. |
| | A) | True |
| | B) | False |
|
|
|
| 3 | |
Delta Manufacturing Inc. agrees to sell to Floor Supply Co. all the vinyl flooring made in its Cleveland, Ohio, plant in the next five years. This is an illusory agreement since the quantity is undetermined. |
| | A) | True |
| | B) | False |
|
|
|
| 4 | |
Pennysavers advertises a grand opening sale stating that "the first person in the door" may purchase a TV for $5.00. This is an invitation to trade. |
| | A) | True |
| | B) | False |
|
|
|
| 5 | |
Amanda offers $100 to Alice if Alice will clean her apartment. If Alice does the cleaning a unilateral contract is created. |
| | A) | True |
| | B) | False |
|
|
|
| 6 | |
The NCCUSL is made up of legal experts, including attorneys, judges, and law professors. |
| | A) | True |
| | B) | False |
|
|
|
| 7 | |
When unordered goods are delivered by non-post office agencies, the common law rule is usually followed. |
| | A) | True |
| | B) | False |
|
|
|
| 8 | |
Omar offers to sell his car to Betty for $10,000. Betty says she will pay $8,000. Omar says no, he wants $12,000 now. Betty says she will pay $10,000. Omar must sell for $10,000 since he made that offer. |
| | A) | True |
| | B) | False |
|
|
|
| 9 | |
In a signed writing, Import Motors Inc. offers to sell 40 cars to Car Sales Inc. for $10,000 each. Import promises to keep this offer open for 30 days. This offer is a firm offer. |
| | A) | True |
| | B) | False |
|
|
|
| 10 | |
There is no federal cybercontract law. |
| | A) | True |
| | B) | False |
|
|
.