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Unformatted text preview: ne million dollars, plus one of his television stations, if Dennis can
better Ted’s record-setting time in the Newport to Bermuda yacht race. Dennis accepts the
challenge. This would be an example of:
a quasi contract.
an unconditional contract.
404. The Acme Corporation is having a “T.V. giveaway.” To win, a person must guess the number of
marbles in a large jar. No purchase is necessary. This is probably not an illegal lottery because
what element is lacking?
The lottery is illegal in most states.
d. The attempted acceptance of an offer by a person to whom the offer was not made:
is a valid acceptance.
is a counteroffer.
has the effect of a rejection of the offer.
has the effect of an offer. 406. The Code follows the common law rule and allows the parties to a contract to modify that
contract without additional consideration.
407. The Code provides that a merc...
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- Fall '12
- The Lottery