CHAPTER 11  - AGREEMENT - QUIZ

1. Don calls Mel on the phone and says, "Let's play golf next Friday." Mel replies, "That would be great. Count me in." Which of the following have passed between Don and Mel?

a. offer
b. acceptance
c. agreement
d. none of the above

2. Vanessa wishes to buy Raquel's 1986 Volvo, and the two are negotiating a price. Which of the following, if spoken by Raquel, would be least likely to constitute an offer? "I'll sell you my car _______________."

a. for $3,000
b. for 30,000 pesos
c. for $10
d. if you do my yardwork for two years


3. Which of the following are offers?

a. a jeweler appraising a ring at $3,000
b. a mechanic estimating that an oil change will take 30 minutes
c. both A and B
d. none of the above

4. Which of the following are offers?

a. a man saying, "I plan to sell my car for $10,000 next month."
b. a woman saying, "Would you sell me your car?"
c. an advertisement saying, "New Chevy Trucks, $12,000"
d. none of the above

5. Which of the following ads are offers?

a. "Chevy Trucks, $12,000"
b. "Chevy Trucks, $12,000 now through Saturday"
c. "Chevy Trucks, $12,000. Ten to choose from, first come, first served."
d. none of the above


6. Hillary is selling a Ming vase at an auction. It is a usual auction in that it is held with reserve. What is the last moment at which Hillary may change her mind and withdraw the vase from buyers?

a. just before the item is put "up for bids"
b. just before the first bid is made
c. just before the auctioneer drops the hammer and says, "Sold!"
d. just before the highest bidder delivers payment


7. Ted says to Albert, as they sit alone in a restaurant, "I will sell my boat to Don for $4,000." To whom has Ted made an offer?

a. Albert
b. Don
c. both Albert and Don
d. neither Albert and Don

8. Greta loses her two dogs. She puts signs all over town that offer a $50 reward for the return of her dogs. Al and Ben see the posters, and both go find a dog. Al finds one of Greta's dogs, but Ben only finds a look-alike. Charlie does not see the posters, but finds a dog with Greta's address on it. If all three boys show up at Greta's house, who will Greta have a legal obligation to pay?

a. Al
b. Ben
c. Charlie
d. Al and Charlie


9. Ben offers to sell Tom his car. What is the first moment at which he may revoke the offer?

a. immediately
b. after Tom makes some reply to him
c. after one business day
d. after a reasonable amount of time


10. Raghib offers to sell his computer to Ismael. Ismael says he will think about it and leaves. Raghib decides to revoke the offer by mailing Ismael a letter. He mails the letter on July 2, knowing that mail is usually delivered locally in one day. The letter is not delivered July 3 because it is temporarily lost, and is not delivered July 4 because of the holiday. It arrives and is read by Ismael on July 5. When did this revocation become effective?

a. July 2
b. July 3
c. July 4
d. July 5

11. Julie has paid $1,000 for an option to buy a home within the next four months. Two months later, she informs the seller she will not exercise the option. How much of her $1000 will Julie get back?

a. $1000
b. $500
c. $0
d. none of the above


12. Mel offers to sell his car to Sal for $2,000. Sal says, "No, I don't want to buy it. Oh, what the heck. I'll take it." What has happened?

a. Sal has accepted Mel's offer.
b. Sal has rejected Mel's offer .
c. Sal has made a new offer.
d. both B and C

13. Mel offers to sell his car to Sal for $2,000. Sal says, "Would you take $1,500?" Mel says, "No." Sal then says, "Well, I'll take it for $2,000." What has happened?

a. Sal has accepted Mel's offer.
b. Sal has rejected Mel's offer.
c. Sal has made a new offer.
d. both B and C

14. Fran offers to sell one of her puppies to Bailey, and Bailey decides to think about the offer overnight. Which of the following would terminate the offer if they happened during the night?

a. Fran is eaten by a velociraptor.
b. Bailey is eaten by a velociraptor.
c. The puppy is eaten by a velociraptor.
d. all of the above

15. Steve writes a novel, and sens it to Penny Publishing. Penny offers Steve $5,000 for a six-month option on the work, and Steve accepts the money. Nine months later, Penny has still not agreed to publish, and Biggie publishing offers Steve $50,000 for the novel. Steve wants to accept. Can he legally do so?

a. yes, because the offer of $50,000 is greater that the Penny's offer
b. yes, because nine months have passed
c. no, because Penny paid him for the option to publish his book
d. no, because a person may not accept two offers for the same item

16. Tom wants to work for Mr. Jones. He says to Jones, "I'll mow your yard every week this summer for $200." Jones says, "I'll hire you for $200 if you'll also clean my pool every week." At this point, what contractual duties has Tom acquired?

a. He must mow the lawn every week for $200.
b. He must mow and clean the pool every week for $200.
c. He must mow and clean the pool, and will receive $200 plus a reasonable amount.
d. none


17. Ben offers to sell a shipment of cigarettes to Lucy on June 1. On June 3, Lucy accepts the offer. On June 5, the legislature in Lucy's state goes nuts and makes all tobacco products illegal. On what is the status of Ben and Lucy's contract?

a. valid
b. void
c. voidable
d. none of the above

18. Alex offers to buy Bill's motorcycle for $200. Which of the following statements by Bill constitute an acceptance?

a. "OK, if I can keep it for 30 days."
b. "OK, now shake on it."
c. "OK, but you are one cheap bastard."
d. both B and C

19. On June 1, Fred makes an offer to Barney. Barney says he will think about it and leaves. On June 2, Barney mails Fred a letter that says, "I accept your offer." On June 3, Fred tells Barney, "I revoke my offer." On June 4, Fred receives Barney's letter. What has happened?

a. The offer has been properly revoked.
b. The offer was accepted on June 2.
c. The offer was accepted on June 4.
d. none of the above

20. On June 1, Fred makes an offer to Barney. Barney says he will think about it and leaves. On June 2, Fred mails a letter to Barney that says, "I revoke my offer." On June 3, Barney mails Fred a letter that says, "I accept your offer." On June 4, Fred receives Barney's letter, and Barney receives Fred's letter. What has happened?

a. The offer was revoked on June 2.
b. The offer was accepted on June 3.
c. The offer was accepted on June 4.
d. The offer was revoked on June 4.


21. Jud says to Mike, "I'll sell you my computer for $500 if you put a jock strap on your head and run through the cafeteria shouting 'I am the walrus! I am the walrus!'" By what methods may Mike accept the offer?

a. by telling Jud he accepts
b. by mail
c. by doing the walrus/jock strap thing
d. all of the above

22. Apply the mailbox rule to this situation: An offer is made June 1. On June 2, a rejection is mailed. On June 3, the offeree changes his mind and mails an acceptance. One June 4, the acceptance arrives, and on June 6, the rejection arrives. What has happened?

a. The offer was rejected on June 2.
b. The offer was accepted on June 3.
c. The offer was accepted on June 4.
d. The offer was rejected on June 6.

23. Which of the following are valid methods of accepting a written contract?

a. signing an original, then mailing it to the offeror
b. signing an original, then faxing it to the offeror
c. both A and B
d. none of the above


24. Which of the following is the most certain method of accepting an offer?

a. mail
b. fax
c. Phone
d. e-mail

25. According to cases cited in the chapter, which of the following are valid means of inviting acceptance to software offers?

a. requiring the user to type "accept" before use
b. requiring the user to click on "accept" before use
c. both A and B
d. none of the above