Ans f pts 1 msc aacsb reflective thinking 12 candy

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Anderson's Business Law and the Legal Environment, Standard Volume
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Chapter 24 / Exercise 1
Anderson's Business Law and the Legal Environment, Standard Volume
Jennings/Twomey
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PTS:1MSC:AACSB Reflective Thinking12.Candy, Inc. signed an agreement with Sweet Plantation. Under the contract, Candy, Inc. agreed to pur-chase all the sugar cane Sweet Plantation grew during the coming season. This contract will be unen-forceable due to its vagueness.
PTS:1MSC:AACSB Reflective Thinking13.If the offer does not specify a type of acceptance, the offeree may accept in any reasonable manner and medium.
PTS:1MSC:AACSB Analytic14.Software clickwrap and shrinkwrap agreements limiting the manufacturer’s maximum responsibility to a refund of the purchase price even if the software destroys your hard drive have generally been found to be binding against consumers.
PTS:1MSC:AACSB Analytic15.If both parties believe they have a binding contract, this belief settles any later questions about the validity and enforceability of the agreement.
PTS:1MSC:AACSB AnalyticMULTIPLE CHOICE1.John owns a thoroughbred horse named Prince Charming that just ran in the Kentucky Derby. Prince Charming came in last, much to John's frustration and embarrassment. John exclaims in a loud voice, "I'm selling that horse to the first person who hands me $100 bucks!" John has:
PTS:1MSC:AACSB Reflective Thinking
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Anderson's Business Law and the Legal Environment, Standard Volume
The document you are viewing contains questions related to this textbook.
Chapter 24 / Exercise 1
Anderson's Business Law and the Legal Environment, Standard Volume
Jennings/Twomey
Expert Verified
2.Which of the following are generally considered to be legal offers?
PTS:1MSC:AACSB Analytic3.The intent of the offeror to extend an offer to the offeree is generally determined by reference to:
PTS:1MSC:AACSB Analytic4.The Johnsons decided to sell their summer cabin on Beech Lake. They sent flyers out to all who previ-ously had expressed an interest in buying the cabin stating that they were planning on selling their cab-in. The flyer described the location of the property, the size of the lot, and the price. If one of the recip-ients responds by sending a letter accepting, an agreement:a.will not be formed because the flyer was sent out as an invitation to make an offer.b.will be formed because the first to respond gets the property.c.will be formed because the price is included.d.will not be formed because of the parol evidence rule.ANS:A
PTS:1MSC:AACSB Reflective Thinking5.Regency Construction placed an order for two hundred 2 x 4s from Lumber Jack. If the place of deliv-ery and time for shipping the goods are not specified, the UCC provides:

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