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Unformatted text preview: ceptance is:
effective when and where acceptance is spoken into the phone.
effective when the correct number is dialed.
effective when the offeror answers. 75.
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.
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...
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- Fall '12
- The Lottery