Sarah.M.Guevara
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Sarah.M.Guevara
Created by Sarah.M.Guevara over 9 years ago
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Contracts - Offer & Acceptance

Question 1 of 20 Question 1 of 20

1

If 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.

Select one of the following:

  • Missing

  • vague

Explanation

Question 2 of 20 Question 2 of 20

1

If the parties to an otherwise valid contract have included a term that is too vague, __________.

Select one of the following:

  • The contract is enforceable.

  • The contract will be unenforceable unless the vagueness can be cured

Explanation

Question 3 of 20 Question 3 of 20

1

A vague term in a contract can be cured by __________.

Select one of the following:

  • part performance

  • complete performance

Explanation

Question 4 of 20 Question 4 of 20

1

The mirror image rule requires __________.

Select one of the following:

  • An absolute and unequivocal acceptance of each and every term of the offer

  • A counter offer

Explanation

Question 5 of 20 Question 5 of 20

1

When a contract for the sale of goods is missing the price term, __________.

Select one of the following:

  • the price will be made using the fair market value

  • the price will be a reasonable price at the time of delivery
    go to explanation

Explanation

Question 6 of 20 Question 6 of 20

1

Under Article 2, when an offeree proposes additional or different terms as part of an otherwise valid acceptance, the acceptance __________.

Select one of the following:

  • becomes a counter offer

  • Is effective, unless the acceptance is expressly made conditional on assent to the additional or different terms

  • is valid

Explanation

Question 7 of 20 Question 7 of 20

1

Under 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.

Select one of the following:

  • quasi-contract

  • the mirror image rule

  • the battle of the forms provision

Explanation

Question 8 of 20 Question 8 of 20

1

Once an offeree begins performance in response to an offer for a true unilateral contract, __________.

Select one of the following:

  • The offer becomes irrevocable

  • The offer can still be revoked by the offerer

  • The offer is invalid

Explanation

Question 9 of 20 Question 9 of 20

1

An agreed upon price is a necessary element for a valid __________.

Select one of the following:

  • bilateral contract

  • real property contract

  • unilateral contract

Explanation

Question 10 of 20 Question 10 of 20

1

Article 2 has abandoned the __________, in favor of the __________.

Select one of the following:

  • Mirror image rule; battle of the forms provision

  • Battle of the forms provision; mirror image rule

Explanation

Question 11 of 20 Question 11 of 20

1

In 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.

Select one of the following:

  • Without reserve

  • With reserve

Explanation

Question 12 of 20 Question 12 of 20

1

Generally, whether a communication is deemed an offer depends upon __________.

Select one of the following:

  • the subjective intention of the offeror and the offeree

  • the objective or apparent intention of the offeror to make an offer

Explanation

Question 13 of 20 Question 13 of 20

1

In an auction __________, the auctioneer may withdraw the goods at any time until he announces completion of the sale.

Select one of the following:

  • With reserve

  • Without reserve

Explanation

Question 14 of 20 Question 14 of 20

1

When can an offeror properly revoke an offer for a unilateral contract?

Select one of the following:

  • Anytime after the offeree has begun performance.

  • Anytime before the offeree has begun performance

  • After performance is complete

Explanation

Question 15 of 20 Question 15 of 20

1

An offer for a unilateral contract can be accepted by __________.

Select one of the following:

  • Partial performance

  • Full performance only

Explanation

Question 16 of 20 Question 16 of 20

1

Which of the following would satisfy the mirror image rule?

Select one of the following:

  • A expressly conditional acceptance

  • A grumbling acceptance

  • A partial acceptance

Explanation

Question 17 of 20 Question 17 of 20

1

When might a court utilize an Article 2 “gap filler”?

Select one of the following:

  • When the price is not included in a contract for the sale of goods

  • When a word is vague

Explanation

Question 18 of 20 Question 18 of 20

1

Under Article 2, when a merchant responds to an offer to buy goods by simply shipping similar, but nonconforming, goods, that shipment is considered __________.

Select one of the following:

  • a breach of contract

  • an acceptance and a breach of the contract

  • a counter offer

  • an acceptance

Explanation

Question 19 of 20 Question 19 of 20

1

Traditional contract law insisted on an absolute and unequivocal acceptance of each and every term of the offer.
This concept is commonly referred to as:

Select one of the following:

  • The battle of the forms provision

  • The mirror image rule

  • The mailbox rule

Explanation

Question 20 of 20 Question 20 of 20

1

A quasi-contract is __________.

Select one of the following:

  • Formed by conduct, rather than language

  • Formed by language, oral or written

  • Formed by a court to avoid unjust enrichment

Explanation

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