Contract Questions

A b c d a telephoned acceptance is never effective

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ceptance is: never effective. effective when and where acceptance is spoken into the phone. effective when the correct number is dialed. effective when the offeror answers. 75. a. b. c. d. A valid contract may be unenforceable for which reason(s)? Failure to satisfy the statute of frauds Running of the statute of limitations Both a and b A valid contract is always enforceable 76. a. b. c. d. 77. a. b. c. d. e. 78. A week before the concert, Joan told you she probably would not be able to use her concert tickets. Later that day, Joan wrote you a note offering to sell you the tickets for $50 and gave it to Betsy to deliver. Betsy stuck it in her purse and forgot about it. You called Joan the day of the concert, but she already sold the tickets. Is Joan liable to you for their value? No, because there was no offer since it was never communicated. No, because the offer was not accepted in a reasonable time. Yes, because the offer was effective when given to Betsy. Yes, because Joan was required to...
View Full Document

Ask a homework question - tutors are online