Business: its legal, ethical and global
environment with correct answers 2026
There-is-a-valid-contract-that-has-been-formed.---correct-answers--On-June-13,-2016,-Brock-
Adams-wrote-to-Julie-Beckham:
"I-offer-to-sell-you-my-home-(legal-description-appeared-here)-for-$425,000.-Sale-to-close-by-
September-15,-2016.-Offer-must-be-accepted-by-fax-no-later-than-4:00-PM-on-June-15,-2016."
Julie-sent-a-fax-accepting-the-offer-at-3:36-PM-on-June-15,-2016.-Because-Brock's-fax-machine-
was-not-working,-the-fax-did-not-come-through-until-8:00-PM-on-June-15,-2016,-after-Brock-had-
the-fax-repaired.
true---correct-answers--A-record,-such-as-an-e-mail-or-fax,-now-satisfies-the-writing-requirement-
under-both-the-UCC-and-common-law.
false---correct-answers--An-acceptance-of-a-stipulated-means-offer-by-a-different-means-is-
effective-upon-receipt.
true---correct-answers--The-CISG-follows-the-mirror-image-rule-in-formation.
applies-in-all-50-states---correct-answers--E-Sign:
environment with correct answers 2026
There-is-a-valid-contract-that-has-been-formed.---correct-answers--On-June-13,-2016,-Brock-
Adams-wrote-to-Julie-Beckham:
"I-offer-to-sell-you-my-home-(legal-description-appeared-here)-for-$425,000.-Sale-to-close-by-
September-15,-2016.-Offer-must-be-accepted-by-fax-no-later-than-4:00-PM-on-June-15,-2016."
Julie-sent-a-fax-accepting-the-offer-at-3:36-PM-on-June-15,-2016.-Because-Brock's-fax-machine-
was-not-working,-the-fax-did-not-come-through-until-8:00-PM-on-June-15,-2016,-after-Brock-had-
the-fax-repaired.
true---correct-answers--A-record,-such-as-an-e-mail-or-fax,-now-satisfies-the-writing-requirement-
under-both-the-UCC-and-common-law.
false---correct-answers--An-acceptance-of-a-stipulated-means-offer-by-a-different-means-is-
effective-upon-receipt.
true---correct-answers--The-CISG-follows-the-mirror-image-rule-in-formation.
applies-in-all-50-states---correct-answers--E-Sign: