True false 5 in most states acceptance of an offer by

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____ True____ False
5.In most states, acceptance of an offer by sending the acceptance by mail is effective when theacceptance is mailed, not when it is received.
6.Historically in our common law tradition (at least up to the mid-20thcentury), acceptance of anoffer had to exactly mirror the offer in order to create an agreement.
7.The Foreign Corrupt Practices Act is a US law that prohibits bribing the government officials ofother countries.
8.To have an enforceable contract, there must at least be an agreement between capable partiesthat relates to legal subject matter and is based on mutual consideration.____ True____ False
9.Although there are exceptions, full and open competition is a key policy applicable to allmethods of procurement of goods and services by the US federal government.
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10. The statute that implements the policy identified in Question #9 is the Freedom of InformationAct.
11.What is the common nameof the U.S. federal law, originally enacted in the 1800's, that, among other things, imposes criminal sanctions for agreements in restraint of trade and for misuse of monopoly power?
12.This is a two-part question. ABC Corporation sends XYZ Ltd. a purchase order for $100,000 worth of goat cheese. The ABC purchase order contains numerous terms and conditions. XYZ sends ABC an acknowledgment form with XYZ’s terms and conditions. XYZ’s form provides for arbitration if there is a dispute, and limits XYZ’s liability to $50,000. As a result, the parties’ terms and conditions conflict. What is the common legal term used to describe this situation?
Assuming both ABC and XYZ are located in Maryland, what sectionof the UCC can provide an answer to which terms apply (generic UCC citation is enough):
13.The Contracts Disputes Act specifies several forums (i.e., courts) to which a contractorcan take a claim arising from the performance of a US Government contract that thecontractor already holds. Name the two forums in which a contractor can choose tostart litigation against the Government after the claim has been denied by theContracting Officer.
14.What action must a government contractor always take in order to get a Contracting Officer’s Final Decision on a contract dispute over $100,000 before taking the dispute toeither of the judicial forums identified in Question 13?
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15.Not includingthe procuring agency itself, name the two forums to which a bidder on afederal procurement can lodge a bidprotest? Looking for the current situation, not how it may have been different historically. (Don’t rely on the Legal Considerations material.)
16.

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