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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