BUL 5810 END OF COURSE UPDATED QUESTIONS AND
ANSWERS GRADED A+
✔✔Joe sends for a MBA catalog from State University. According to the catalog, the
MBA applications are evaluated on the basis of undergraduate grades, GMAT (the
appropriate standardized test) scores, and references. Joe has a 3.1 GPA, scores very
well on the GMAT, and has excellent references. Based on the criteria listed in the
catalog, Joe applies and pays the $100 application fee. His application is rejected. Later
he finds out that others with low grades and test scores were accepted based on their
family connections with the University. If Joe followed all of the guidelines in the college
catalog and paid the required application fee, then according to the court in Steinberg v.
Chicago Medical School: (CH 9) - ✔✔c. there is a valid contract.
✔✔Joe sends for a MBA catalog from State University. According to the catalog, the
MBA applications are evaluated on the basis of undergraduate grades, GMAT (the
appropriate standardized test) scores, references, and other factors that the University,
in its discretion, believes will enhance the standing of the University. Joe has a 3.1
GPA, scores very well on the GMAT, and has excellent references. Based on the
criteria listed in the catalog, Joe applies and pays the $100 application fee. His
application is rejected. Later he finds out that others with low grades and test scores
were accepted based on their family connections with the University. If Joe followed all
of the guidelines in the college catalog and paid the required application fee, then
according to the court in Steinberg v. Chicago Medical School: (CH 9) - ✔✔a. there is a
valid contract, but there has been no breach of that contract by the University or by Joe.
✔✔Joe takes his car into the repair shop to have his tires realigned. While he is waiting
for his car, he sees the repairmen take his car to the area where they change the car's
oil. Joe says nothing as he is hoping he can get a free oil change. Joe watches while
the oil in his car is changed. The car is then taken to the area where the tires are
realigned. Joe watches while the tires are realigned. The employees next take Joe's car
to be washed. Joe did not know his car would be washed, but knows that many car
repair businesses have a practice of cleaning the cars at no additional cost to the
customer after completing the repair work. When Joe is presented with the bill, there is
a charge for the oil change, the realignment, and the car wash.If challenged in court, the
court is most likely to make Joe pay for: (CH 9) - ✔✔c. the realignment because that is
what he contracted for and the oil change under the doctrine of quasi contract.
✔✔Joe takes his car into the repair shop to have his tires realigned. While he is waiting
for his car, he sees the repairmen take his car to the area where they change the car's
oil. Joe tries to get their attention but cannot because he is not allowed in the repair
area and there is too much noise in there for the repairmen to hear him knocking on the
window. The car is then taken to the area where the tires are realigned. Joe watches
while the tires are realigned. The employees next take Joe's car to be washed. Joe asks
another customer in the waiting room if the car wash is complimentary (free). The
customer points to the sign above the counter listing prices for services, including the
,car wash. Joe does not bother trying to get the attention of the repairmen because he
was not successful before, but he does approach the cashier who has just returned
from break. Joe tells the cashier he did not want the car washed. - ✔✔c. only the
realignment because that is all he contracted for.
✔✔For purposes of general contract law (common law), an offer must: (CH 10) - ✔✔a.
be sufficiently definite and certain.
✔✔To be effective, an offer must: (CH 10) - ✔✔b. be communicated to the offeree
✔✔Retail stores typically put advertisements in newspapers describing goods and
stating prices. These ads are generally considered to be: (CH 10) - ✔✔c. invitations to
buyers to make an offer to buy the goods described.
✔✔If an offer has no stated time by which it must be accepted, when does the offer
terminate? (CH 10) - ✔✔d. After a reasonable period of time.
✔✔Which of the following will terminate an offer? (CH 10) - ✔✔c. Destruction of the
subject matter of the offer.
✔✔The mirror image rule relates to which required element of a contract? (CH 10) -
✔✔b. The acceptance.
✔✔Which is NOT a correct about the UCC's "Battle of the Forms" rule? (CH 10) - ✔✔a.
The UCC battle of the forms rule is what common law calls the mirror image rule.
✔✔According to general (common) contract law, the __________ must be the
__________ of the offer. (CH 10) - ✔✔b. acceptance; mirror image
✔✔An offer for the sale of goods under the UCC: (CH 10) - ✔✔b. must include the
quantity.
✔✔Who would likely be considered a merchant under the UCC with respect to the
goods in question? (CH 10) - ✔✔a. An authorized Apple computer dealer selling
accessories for Apple computers and Apple-related products.
✔✔Which of the following offers cannot be revoked? (CH 10) - ✔✔a. Any offer by a
merchant under the UCC.
b. Any offer that is in writing that promises to leave the offer open for three months or
less.
c. Any offer that is in writing, signed, and promises to leave the offer open whether it is
made by a merchant or not.
**d. All of these are incorrect.
, ✔✔When is there an effective acceptance of an offer to enter into a unilateral contract?
(CH 10) - ✔✔d. When the offeree has fully performed what was asked of him in the
offer.
✔✔How do parties usually show mutual assent? (CH 10) - ✔✔d. By one party making
an offer in words or by conduct and the other party accepting in words or by conduct.
✔✔Ignore Vinny's agreement with Oscar and assume that Vinny and Maria had an
otherwise valid contract. Could Maria avoid her obligations if she finds out the car does
not have air conditioning? (CH 10) - ✔✔No, the only condition in her acceptance was
that it pass a smog inspection.
✔✔Suppose that Jack, Sophia, and Hal enter into a contract to close on the business
without the non-competition agreement. Jack states that he would probably sign the
non-competition agreement if they included an extra $100,000. A month later, Hal and
Sophia bring Jack $100,000. What is the result? (CH 10) - ✔✔If Jack does not accept
the $100,000, there is a valid contract for the sale of the business, without a non-
competition clause.
✔✔Suppose at the end of the meeting, Jack makes an offer regarding the restaurant
buyout, which includes the non-competition agreement. Prior to Hal and Sophia
agreeing to the offer however, Jack changes his mind. Can he do so? (CH 10) -
✔✔Yes, as long as he actually communicates the revocation to Hal and Sophia (or their
agent) prior to acceptance.
✔✔Suppose that Jack states that he would sell the restaurant with the non-competition
agreement for an extra $100,000. Hal and Sophia say they will buy the restaurant, but
will only pay an extra $75,000 for the non-competition agreement. Jack says no to this
counteroffer. Hal and Sophia then say they will pay $100,000 for the non-competition
agreement. Do they now have a valid contract? (CH 10) - ✔✔There would be no valid
contract.
✔✔Suppose that Jack makes an offer to sell the restaurant on July 10th. Hal and
Sophia decide to think it over. On July 15th, they mail a letter of acceptance to Jack. On
July 16th, Hal and Sophia change their mind and call Jack, stating that they do not want
to purchase the business. On July 20th, Jack receives the letter of acceptance. Would
there be a valid contract? (CH 10) - ✔✔Yes, a valid contract was formed on July 15th
when the letter of acceptance was sent.
✔✔The Jones' have always admired a house that sits on the top of a hill owned by the
Smiths. Martin is a mutual friend of both the Jones and the Smiths. One day, Martin
mentions to the Smiths how much the Jones would love to buy the Smith home. The
Smiths say that if they sell the house, they would be happy to sell it to the Jones. Martin
relays this conversation to the Jones and the Jones immediately call the Smiths to
ANSWERS GRADED A+
✔✔Joe sends for a MBA catalog from State University. According to the catalog, the
MBA applications are evaluated on the basis of undergraduate grades, GMAT (the
appropriate standardized test) scores, and references. Joe has a 3.1 GPA, scores very
well on the GMAT, and has excellent references. Based on the criteria listed in the
catalog, Joe applies and pays the $100 application fee. His application is rejected. Later
he finds out that others with low grades and test scores were accepted based on their
family connections with the University. If Joe followed all of the guidelines in the college
catalog and paid the required application fee, then according to the court in Steinberg v.
Chicago Medical School: (CH 9) - ✔✔c. there is a valid contract.
✔✔Joe sends for a MBA catalog from State University. According to the catalog, the
MBA applications are evaluated on the basis of undergraduate grades, GMAT (the
appropriate standardized test) scores, references, and other factors that the University,
in its discretion, believes will enhance the standing of the University. Joe has a 3.1
GPA, scores very well on the GMAT, and has excellent references. Based on the
criteria listed in the catalog, Joe applies and pays the $100 application fee. His
application is rejected. Later he finds out that others with low grades and test scores
were accepted based on their family connections with the University. If Joe followed all
of the guidelines in the college catalog and paid the required application fee, then
according to the court in Steinberg v. Chicago Medical School: (CH 9) - ✔✔a. there is a
valid contract, but there has been no breach of that contract by the University or by Joe.
✔✔Joe takes his car into the repair shop to have his tires realigned. While he is waiting
for his car, he sees the repairmen take his car to the area where they change the car's
oil. Joe says nothing as he is hoping he can get a free oil change. Joe watches while
the oil in his car is changed. The car is then taken to the area where the tires are
realigned. Joe watches while the tires are realigned. The employees next take Joe's car
to be washed. Joe did not know his car would be washed, but knows that many car
repair businesses have a practice of cleaning the cars at no additional cost to the
customer after completing the repair work. When Joe is presented with the bill, there is
a charge for the oil change, the realignment, and the car wash.If challenged in court, the
court is most likely to make Joe pay for: (CH 9) - ✔✔c. the realignment because that is
what he contracted for and the oil change under the doctrine of quasi contract.
✔✔Joe takes his car into the repair shop to have his tires realigned. While he is waiting
for his car, he sees the repairmen take his car to the area where they change the car's
oil. Joe tries to get their attention but cannot because he is not allowed in the repair
area and there is too much noise in there for the repairmen to hear him knocking on the
window. The car is then taken to the area where the tires are realigned. Joe watches
while the tires are realigned. The employees next take Joe's car to be washed. Joe asks
another customer in the waiting room if the car wash is complimentary (free). The
customer points to the sign above the counter listing prices for services, including the
,car wash. Joe does not bother trying to get the attention of the repairmen because he
was not successful before, but he does approach the cashier who has just returned
from break. Joe tells the cashier he did not want the car washed. - ✔✔c. only the
realignment because that is all he contracted for.
✔✔For purposes of general contract law (common law), an offer must: (CH 10) - ✔✔a.
be sufficiently definite and certain.
✔✔To be effective, an offer must: (CH 10) - ✔✔b. be communicated to the offeree
✔✔Retail stores typically put advertisements in newspapers describing goods and
stating prices. These ads are generally considered to be: (CH 10) - ✔✔c. invitations to
buyers to make an offer to buy the goods described.
✔✔If an offer has no stated time by which it must be accepted, when does the offer
terminate? (CH 10) - ✔✔d. After a reasonable period of time.
✔✔Which of the following will terminate an offer? (CH 10) - ✔✔c. Destruction of the
subject matter of the offer.
✔✔The mirror image rule relates to which required element of a contract? (CH 10) -
✔✔b. The acceptance.
✔✔Which is NOT a correct about the UCC's "Battle of the Forms" rule? (CH 10) - ✔✔a.
The UCC battle of the forms rule is what common law calls the mirror image rule.
✔✔According to general (common) contract law, the __________ must be the
__________ of the offer. (CH 10) - ✔✔b. acceptance; mirror image
✔✔An offer for the sale of goods under the UCC: (CH 10) - ✔✔b. must include the
quantity.
✔✔Who would likely be considered a merchant under the UCC with respect to the
goods in question? (CH 10) - ✔✔a. An authorized Apple computer dealer selling
accessories for Apple computers and Apple-related products.
✔✔Which of the following offers cannot be revoked? (CH 10) - ✔✔a. Any offer by a
merchant under the UCC.
b. Any offer that is in writing that promises to leave the offer open for three months or
less.
c. Any offer that is in writing, signed, and promises to leave the offer open whether it is
made by a merchant or not.
**d. All of these are incorrect.
, ✔✔When is there an effective acceptance of an offer to enter into a unilateral contract?
(CH 10) - ✔✔d. When the offeree has fully performed what was asked of him in the
offer.
✔✔How do parties usually show mutual assent? (CH 10) - ✔✔d. By one party making
an offer in words or by conduct and the other party accepting in words or by conduct.
✔✔Ignore Vinny's agreement with Oscar and assume that Vinny and Maria had an
otherwise valid contract. Could Maria avoid her obligations if she finds out the car does
not have air conditioning? (CH 10) - ✔✔No, the only condition in her acceptance was
that it pass a smog inspection.
✔✔Suppose that Jack, Sophia, and Hal enter into a contract to close on the business
without the non-competition agreement. Jack states that he would probably sign the
non-competition agreement if they included an extra $100,000. A month later, Hal and
Sophia bring Jack $100,000. What is the result? (CH 10) - ✔✔If Jack does not accept
the $100,000, there is a valid contract for the sale of the business, without a non-
competition clause.
✔✔Suppose at the end of the meeting, Jack makes an offer regarding the restaurant
buyout, which includes the non-competition agreement. Prior to Hal and Sophia
agreeing to the offer however, Jack changes his mind. Can he do so? (CH 10) -
✔✔Yes, as long as he actually communicates the revocation to Hal and Sophia (or their
agent) prior to acceptance.
✔✔Suppose that Jack states that he would sell the restaurant with the non-competition
agreement for an extra $100,000. Hal and Sophia say they will buy the restaurant, but
will only pay an extra $75,000 for the non-competition agreement. Jack says no to this
counteroffer. Hal and Sophia then say they will pay $100,000 for the non-competition
agreement. Do they now have a valid contract? (CH 10) - ✔✔There would be no valid
contract.
✔✔Suppose that Jack makes an offer to sell the restaurant on July 10th. Hal and
Sophia decide to think it over. On July 15th, they mail a letter of acceptance to Jack. On
July 16th, Hal and Sophia change their mind and call Jack, stating that they do not want
to purchase the business. On July 20th, Jack receives the letter of acceptance. Would
there be a valid contract? (CH 10) - ✔✔Yes, a valid contract was formed on July 15th
when the letter of acceptance was sent.
✔✔The Jones' have always admired a house that sits on the top of a hill owned by the
Smiths. Martin is a mutual friend of both the Jones and the Smiths. One day, Martin
mentions to the Smiths how much the Jones would love to buy the Smith home. The
Smiths say that if they sell the house, they would be happy to sell it to the Jones. Martin
relays this conversation to the Jones and the Jones immediately call the Smiths to
