Quiz
Contracts - Offer & Acceptance
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Fragen in diesem Quiz (20)
1If it reasonably appears that the parties intended to make a valid contract, a court may apply the presumption that the parties’ intent was to include a reasonable term to rectify any __________ term.
- AMissing
- Bvague
2If the parties to an otherwise valid contract have included a term that is too vague, __________.
- AThe contract will be unenforceable unless the vagueness can be cured
- BThe contract is enforceable.
3A vague term in a contract can be cured by __________.
- Apart performance
- Bcomplete performance
4The mirror image rule requires __________.
- AAn absolute and unequivocal acceptance of each and every term of the offer
- BA counter offer
5When a contract for the sale of goods is missing the price term, __________.
- Athe price will be made using the fair market value
- Bthe price will be a reasonable price at the time of delivery
go to explanation
6Under Article 2, when an offeree proposes additional or different terms as part of an otherwise valid acceptance, the acceptance __________.
- Ais valid
- BIs effective, unless the acceptance is expressly made conditional on assent to the additional or different terms
- Cbecomes a counter offer
7Under Article 2, when an offeree proposes additional or different terms during acceptance, the court will apply __________ to determine whether the additional or different terms become part of the contract.
- Athe mirror image rule
- Bthe battle of the forms provision
- Cquasi-contract
8Once an offeree begins performance in response to an offer for a true unilateral contract, __________.
- AThe offer becomes irrevocable
- BThe offer is invalid
- CThe offer can still be revoked by the offerer
9An agreed upon price is a necessary element for a valid __________.
- Abilateral contract
- Breal property contract
- Cunilateral contract
10Article 2 has abandoned the __________, in favor of the __________.
- ABattle of the forms provision; mirror image rule
- BMirror image rule; battle of the forms provision
11In an auction __________, once the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time.
- AWithout reserve
- BWith reserve
12Generally, whether a communication is deemed an offer depends upon __________.
- Athe objective or apparent intention of the offeror to make an offer
- Bthe subjective intention of the offeror and the offeree
13In an auction __________, the auctioneer may withdraw the goods at any time until he announces completion of the sale.
- AWith reserve
- BWithout reserve
14When can an offeror properly revoke an offer for a unilateral contract?
- AAnytime after the offeree has begun performance.
- BAnytime before the offeree has begun performance
- CAfter performance is complete
15An offer for a unilateral contract can be accepted by __________.
- AFull performance only
- BPartial performance
16Which of the following would satisfy the mirror image rule?
- AA grumbling acceptance
- BA partial acceptance
- CA expressly conditional acceptance
17When might a court utilize an Article 2 “gap filler”?
- AWhen the price is not included in a contract for the sale of goods
- BWhen a word is vague
18Under Article 2, when a merchant responds to an offer to buy goods by simply shipping similar, but nonconforming, goods, that shipment is considered __________.
- Aan acceptance
- Ban acceptance and a breach of the contract
- Ca counter offer
- Da breach of contract
19Traditional contract law insisted on an absolute and unequivocal acceptance of each and every term of the offer.
This concept is commonly referred to as:- AThe mirror image rule
- BThe battle of the forms provision
- CThe mailbox rule
20A quasi-contract is __________.
- AFormed by a court to avoid unjust enrichment
- BFormed by conduct, rather than language
- CFormed by language, oral or written
Informationen
- Beschreibung
- Multiple Choice Questions
- Autor
- Sarah.M.Guevara
- Sprache
- English
- Aufrufe
- 843
- Schlagwörter
- Bewertung
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