法多项选择题答案与关键条款概述.pdfVIP

Module26:ContractsMultiple-ChoiceAnswers

1.(a)Undercommonlaw,anoffermustbedefiniteandcertainastowhatwillbe

agreeduponinthecontract.Essentialtermsarethepartiesinvolved,theprice,the

timeforperformance,andthesubjectmatter(quantityandtype).Thepriceelementof

thecontractwasnotpresent.

2.(b)Advertisementsinalmostallcasesaremerelyinvitationsforinterestedparties

tomakeanoffer.Thus,Harrishasnotmadeanoffer,butisseekingoffersthroughthe

useoftheadvertisement.

3.(c)Generallyanofferormayrevokeanofferatanytimepriortoacceptancebythe

offeree.Revocationiseffectivewhenitisreceivedbytheofferee.Revocationalso

occursiftheoffereelearnsbyareliablemeansthattheofferorhasalreadysoldthe

subjectoftheoffer.Inthissituation,Peters’offerwaseffectivelyrevokedwhen

MasonlearnedthatthelawnmowerhadbeensoldtoBronson.Therefore,Mason’s

acceptancewasineffective.Answers(a)and(b)areincorrectbecausetheofferhad

beenrevokedpriortoMason’sacceptance.Answer(d)isincorrectbecausePeterswas

notobliedtokeeptheofferopen.Notethatifconsiderationhadbeenpaidby

Masontokeeptheofferopen,anoptioncontractwouldexistandtheoffercouldnot

berevokedbeforethestatedtime.

4.(a)Drakedidnotintendtorejectthe$300,000offerbutissimplyseeingif

Calistogamightconsidersellingthehomefors.Answer(b)isincorrectbecausea

counteroffertakescewhentheoriginalofferisrejectedandanewoffertakesits

ce.Answer(c)isincorrectbecauseDrakeshowednointentionofrejectingthe

offerbyhismereinquiry.Answer(d)isincorrectbecauseambiguityisnotoneofthe

groundstohaveanofferterminatedbyoperationoflaw.

5.(d)Ano