Was not formed because the revocation was effective

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Question 16   4 / 4 points When a party to a contract makes a unilateral mistake , the contract : Question options :
 generally can be rescinded by the mistaken party .
 is void .
 can be rescinded by either party .
 generally can not be rescinded by the mistaken party unless the contract is unconscionable or it is proven that the nonmistaken party knew of the error .
Question 17   4 / 4 points M and E contracted to sell 500 music stands to Coda , Inc . M and E shipped the stands in accordance with the agreement . Coda paid for the stands as promised . The contract between M and E and Coda is discharged by :
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Question 18   4 / 4 points " I 'll sell you my car if I decide to sell it " is an example of : Question options :
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Question 19   4 / 4 points Collector Carl displays his beer can collection at the local swap meet . Mary sees the collection and is interested in buying it . Carl says he will sell the collection for $ 1,500 . Mary says she really likes the collection but is only willing to pay $ 1,000 . Which of the following is correct ? Question options :
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Question 20   4 / 4 points Which of the following is least likely to be regarded as a necessary ? Question options :
 Rent .
 Food .
 Medical expenses .
 Educational expenses .
Question 21   4 / 4 points Johann , a well - known musician , agrees to give ten guitar lessons to Elton for $ 2,000 . Nothing in the contract itself prohibits a delegation . If Johann delegates his obligation to Eugene , a second - year musical student and enthusiastic guitar player , then the delegation will probably be : Question options :
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Question 24   4 / 4 points Ron , a minor , goes to the hospital for treatment of the flu . On the new - patient form Ron signs , he agrees to pay for any care or treatment he receives . When billed for the treatment : Question options :
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was not formed because the revocation was effective before the acceptance was sent.was not formed because the revocation was effective before the acceptance was received.was formed on January 18.was formed on January 20.
Question 164 / 4 pointsWhen a party to a contract makes a unilateral mistake, the contract:
Question 174 / 4 pointsM and E contracted to sell 500 music stands to Coda, Inc. M and E shipped the stands in accordance withthe agreement. Coda paid for the stands as promised. The contract between M and E and Coda is discharged by:
Question 184 / 4 points"I'll sell you my car if I decide to sell it" is an example of:
Question 194 / 4 pointsCollector Carl displays his beer can collection at the local swap meet. Mary sees the collection and is interested in buying it. Carl says he will sell the collection for $1,500. Mary says she really likes the collection but is only willing to pay $1,000. Which of the following is correct?Question options:Mary's counteroffer terminates Carl's offer of $1,500.If Carl rejects Mary's counteroffer, she can still accept Carl's offer of $1,500.Neither offer is valid. Who would ever pay $1,000 or $1,500 for a beer can collection?
Mary's offer is a firm offer. Carl has an exclusive right to consider her offer for a reasonable period of time.
Question 204 / 4 pointsWhich of the following is least likely to be regarded as a necessary?
Question 214 / 4 pointsJohann, a well-known musician, agrees to give ten guitar lessons to Elton for $2,000. Nothing in the contract itself prohibits a delegation. If Johann delegates his obligation to Eugene, a second-year musical student and enthusiastic guitar player, then the delegation will probably be:
Question 224 / 4 pointsPatty is a poor college student struggling to work and keep up with her studies. Fred, her uncle, promisesto pay Patty support of $200 per month for the next six months. Although Fred didn't ask her to, she
quits her current job in order to devote full time to her studies for the next six months. Fred makes one payment and then stops with no explanation. If Patty sues, what is the likely result?

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