BUL 3320 EXAM 2 REVIEW
QUESTIONS & ANSWERS
Jonathan writes to Willa, stating, "I'll pay you $150 if you reseed my lawn." Willa
reseeds Jonathan's lawn as requested. Has a contract been formed? If so, what kind? -
Correct Answers -Yes--a unilateral contract
Ames, seeking business for his lawn maintenance firm, posted the following notice in
the meeting room of the Antlers, a local lodge: "To the members of the Antlers--Special
this month. I will resod your lawn for $4.00 per square foot using Fairway brand sod.
This offer expires July 15."
The notice also included Ames's name, address, and signature and specified that the
acceptance was to be in writing. Bates, a member of the Antlers, and Cramer, the
janitor, read the notice and were interested, Bates wrote a letter to Ames saying he
would accept the offer if Ames would use Putting Green brand sod. Ames received this
letter July 14 and wrote to Bates saying he would not use Putting Green sod. Bates
received Ames's letter on July 16 and promptly wrote Ames that he would accept
Fairway sod. Cramer wrote to Ames on July 10 saying he accepted Ames's offer. By
July 15, Ames had found more profitable ventures and refused to - Correct Answers -No
contract between Ames and Bates--because Bates's first response to Ames's offer was
a counter offer which terminated Ames's offer to Bates.
No contract between Ames and Cramer--as Ames's offer was made to members of the
Antlers and Cramer was not an Antler, but rather the janitor.
Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
A) Five days later, Charles received notice from Justin that he had contracted to sell
Porpoise to Mark. The next day, April 8, Charles notified Justin that he accepted Justin's
offer. - Correct Answers -No contract--offer revoked.
If you assume Justin is a merchant, then the only answer that changes is this one,
because the offer is a firm offer and can not be revoked during the 10-day period.
, Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
B) On the third day, April 5, Diane mailed a rejection to Justin that reached Justin on the
morning of the fifth day. At 10 A.M. on the fourth day, Diane sent an acceptance by
telegram to Justin, who received it at noon the same day. - Correct Answers -Contract--
the acceptance was received before the rejection was received
Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
C) Edward, on April 3, replied that he was interested in buying Providence but declared
the price appeared slightly excessive and wondered if, perhaps, Justin would be willing
to sell the boat for $3,900. Five days later, having received no reply from Justin, Edward
accepted Justin's offer by letter, and enclosed a certified check for $4,200. - Correct
Answers -Contract--inquiry not a rejection or counter offer. Offer is thus still open and
acceptance mailed before the offer expired
Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
D) Fran was accidentally killed in an automobile accident on April 9. The following day,
the executor of her estate mailed an acceptance of Justin's offer to Justin. - Correct
Answers -No contract--death terminated the offer
Scott, manufacturer of a carbonated beverage, entered into a contract with Otis,owner
of a baseball park, whereby Otis rented to Scott a large signboard on top of the center
field wall. The contract provided that Otis should letter the sign as Scott desired and
would change the lettering from time to time within forty-eight hours after receipt of
written request from Scott. As directed by Scott, the signboard originally stated in large
letters that Scott would pay $100 to any ballplayer hitting a home run over the sign.
In the first game of the season, Hume, the best hitter in the league, hit one home run
over the sign. Scott immediately served written notice on Otis instructing Otis to replace
the offer on the signboard with an offer to pay $50 to every pitcher who pitched a no-hit
game in the park. A week after receipt of Scott's letter, Otis had not changed the
wording on the sign; and on that day, Perry, a pitche - Correct Answers -If Hume was
aware of the offer before hitting the home run, he is entitled to $100.
If Todd was aware of the offer before hitting the home run and was not aware the offer
was supposed to be revoked, Todd is entitled to $100.
QUESTIONS & ANSWERS
Jonathan writes to Willa, stating, "I'll pay you $150 if you reseed my lawn." Willa
reseeds Jonathan's lawn as requested. Has a contract been formed? If so, what kind? -
Correct Answers -Yes--a unilateral contract
Ames, seeking business for his lawn maintenance firm, posted the following notice in
the meeting room of the Antlers, a local lodge: "To the members of the Antlers--Special
this month. I will resod your lawn for $4.00 per square foot using Fairway brand sod.
This offer expires July 15."
The notice also included Ames's name, address, and signature and specified that the
acceptance was to be in writing. Bates, a member of the Antlers, and Cramer, the
janitor, read the notice and were interested, Bates wrote a letter to Ames saying he
would accept the offer if Ames would use Putting Green brand sod. Ames received this
letter July 14 and wrote to Bates saying he would not use Putting Green sod. Bates
received Ames's letter on July 16 and promptly wrote Ames that he would accept
Fairway sod. Cramer wrote to Ames on July 10 saying he accepted Ames's offer. By
July 15, Ames had found more profitable ventures and refused to - Correct Answers -No
contract between Ames and Bates--because Bates's first response to Ames's offer was
a counter offer which terminated Ames's offer to Bates.
No contract between Ames and Cramer--as Ames's offer was made to members of the
Antlers and Cramer was not an Antler, but rather the janitor.
Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
A) Five days later, Charles received notice from Justin that he had contracted to sell
Porpoise to Mark. The next day, April 8, Charles notified Justin that he accepted Justin's
offer. - Correct Answers -No contract--offer revoked.
If you assume Justin is a merchant, then the only answer that changes is this one,
because the offer is a firm offer and can not be revoked during the 10-day period.
, Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
B) On the third day, April 5, Diane mailed a rejection to Justin that reached Justin on the
morning of the fifth day. At 10 A.M. on the fourth day, Diane sent an acceptance by
telegram to Justin, who received it at noon the same day. - Correct Answers -Contract--
the acceptance was received before the rejection was received
Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
C) Edward, on April 3, replied that he was interested in buying Providence but declared
the price appeared slightly excessive and wondered if, perhaps, Justin would be willing
to sell the boat for $3,900. Five days later, having received no reply from Justin, Edward
accepted Justin's offer by letter, and enclosed a certified check for $4,200. - Correct
Answers -Contract--inquiry not a rejection or counter offer. Offer is thus still open and
acceptance mailed before the offer expired
Justin owned four speedboats named Porpoise, Priscilla, Providence, and Prudence.
On April 2, Justin made written signed offers to sell the four boats in the order named
for $4,200 each to Charles, Diane, Edward, and Fran, respectively,allowing ten days for
acceptance. In which, if any, of the following four situations was a contract formed?
D) Fran was accidentally killed in an automobile accident on April 9. The following day,
the executor of her estate mailed an acceptance of Justin's offer to Justin. - Correct
Answers -No contract--death terminated the offer
Scott, manufacturer of a carbonated beverage, entered into a contract with Otis,owner
of a baseball park, whereby Otis rented to Scott a large signboard on top of the center
field wall. The contract provided that Otis should letter the sign as Scott desired and
would change the lettering from time to time within forty-eight hours after receipt of
written request from Scott. As directed by Scott, the signboard originally stated in large
letters that Scott would pay $100 to any ballplayer hitting a home run over the sign.
In the first game of the season, Hume, the best hitter in the league, hit one home run
over the sign. Scott immediately served written notice on Otis instructing Otis to replace
the offer on the signboard with an offer to pay $50 to every pitcher who pitched a no-hit
game in the park. A week after receipt of Scott's letter, Otis had not changed the
wording on the sign; and on that day, Perry, a pitche - Correct Answers -If Hume was
aware of the offer before hitting the home run, he is entitled to $100.
If Todd was aware of the offer before hitting the home run and was not aware the offer
was supposed to be revoked, Todd is entitled to $100.
