BUSINESS: ITS LEGAL, ETHICAL AND
GLOBAL ENVIRONMENT 11TH ED MOD
2 PRACTICE EXAM | WITH QUESTIONS
AND CORRECT VERIFIED ANSWERS |
NEWEST 2026 | ASSURED PASS |
ALREADY GRADED A+ | BRAND
NEW!!!!!
There is a valid contract that has been formed. - CORRECT ANSWER 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 ANSWER A record, such as an e-mail or fax, now satisfies the writing
requirement under both the UCC and common law.
GLOBAL ENVIRONMENT 11TH ED MOD
2 PRACTICE EXAM | WITH QUESTIONS
AND CORRECT VERIFIED ANSWERS |
NEWEST 2026 | ASSURED PASS |
ALREADY GRADED A+ | BRAND
NEW!!!!!
There is a valid contract that has been formed. - CORRECT ANSWER 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 ANSWER A record, such as an e-mail or fax, now satisfies the writing
requirement under both the UCC and common law.
