Contract Questions

A b c d if alice wishes to withdraw her bid after the

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Unformatted text preview: ller sum c. d. If the situation is covered by the UCC and a written waiver is given for the payment of the smaller sum If the smaller sum is paid when the larger sum would ordinarily be due, but the debtor is on the verge of insolvency 245. a. b. c. d. If Alice wishes to withdraw her bid after the auctioneer’s hammer falls: she may do so since her bid was merely an invitation to negotiate. she may do so but only if her withdrawal is in writing. she may not do so because other bidders justifiably relied on her offer. she may not do so because her offer has been accepted. 246. If an attorney prepares a will for you, but has not passed the Florida Bar exam, which of the following is correct? Assume the will meets all the requirements of a will in Florida and the attorney sends you a reasonable bill. a. The will is valid, you must pay the attorney for services. b. The will is valid, you do NOT have to pay the attorney. c. The will is not valid, you do NOT have to pay the attorney. d. The will is not valid, you must pay the attorney. 247. If an offer is made to the public, a person ca...
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This test prep was uploaded on 03/29/2014 for the course BUL 3130 taught by Professor Schupp during the Fall '12 term at UNF.

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