Question 31 Which of the following is true? Group of answer choices when an offeree's...
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Accounting
Question 31
Which of the following is true?
Group of answer choices
when an offeree's form acceptance to a form offer for the sale of goods contains different items from those in the offer, the acceptance is never enforceable
under the modern trend and the UCC, when an acceptance" contains only very minor variations from the offer, the acceptance is valid
if an offer says that the offeree "may respond by mail," a mailed acceptance is good upon receipt
if a mailed offer says nothing about how to accept, only a mailed acceptance is good
Question 32
The distinction between contracts that are covered by Article 2 of the UCC and those that are not is:
Group of answer choices
Of relatively little or no importance because the common law and UCC are invariably the same
Basically dependent upon whether the subject matter of the contract involves the purchase or sale of goods.
Dependent upon whether the Statute of Frauds is involved
Based upon the dollar amount of the contract
Question 33 pts
Because Good Faith and Fair Dealing and Unconscionability are UCC provisions,
they are never used in non-UCC cases.
Group of answer choices
True
False
Question 34
This question is based on the following fact pattern . . .
10/1/03 Marge mails Lisa an offer to sell her a car for $25,000 10/5/03 at 10 am, Marge sends Lisa a letter by certified mail and attempts to revoke her offer of 10/1 10/5/03 at 10:30 am, Lisa mails her acceptance of Marge's 10/1 offer 10/5/03. at 11 am, Lisa receives Marge's 10/5 revocation 10/5/03 at 11:30 am, Marge receives Lisa's acceptance
Question:
Under the UCC, there is a contract since Lisa's acceptance is reasonable and therefore good upon dispatch.
Group of answer choices
True
False
Question 35
This question is based on the following fact pattern . . .
10/1/03 Marge mails Lisa an offer to sell her a car for $25,000 10/5/03 at 10 am, Marge sends Lisa a letter by certified mail and attempts to revoke her offer of 10/1 10/5/03 at 10:30 am, Lisa mails her acceptance of Marge's 10/1 offer 10/5/03. at 11 am, Lisa receives Marge's 10/5 revocation 10/5/03 at 11:30 am, Marge receives Lisa's acceptance
Question:
Even if Marge's offer said that Lisa must accept by fax, there would still be a contract since Lisa's acceptance was reasonable.
T or F
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