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Unformatted text preview: ensation. Later, before either it or the
state has done anything, Ace backs out of the job. Then it is sued by the state. Ace defends by
arguing that the contract fails because it (or the offer) is indefinite. Which of the following is
Ace’s argument is correct and the state cannot recover.
Ace’s argument is no good because here the parties obviously intended to make a contract.
Ace’s argument is no good because here the court has a reasonably certain basis for giving an
Ace’s argument is no good because here the parties obviously intended to make a contract, and
the court has a reasonably certain basis for giving an appropriate remedy.
d. The statute of limitations
limits the time period for a creditor to sue a debtor on a debt.
sets age limits for those participating in dangerous occupations.
limits the time that an offer is outstanding, if no time is stated in the offer.
limits the time that a contract can be revoked. 433.
d. The subject matter of a contract may relate to:
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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.
- Fall '12
- The Lottery