Description
BUSI 2001 Week 3 Quiz – Business Law
- Your friend made the following statement: “I might sell my car next month if I can get a good price.” This statement is
- Revocation of an offer takes place when
- Unless stated otherwise, acceptance of an o”er made by mail takes place as soon as the letter of acceptance is
- The best illustration of a legally competent party is
- Consideration Selected Answer: Correct Answer:
- Does not always have monetary value Does not always have a monetary value
- Kavik has been declared legally insane by a court. Her purchase of an electric music player for $143.95 is Cigarette lighters, jewelry, and electronic games are classified legally as
- A court will occasionally enforce a promise unsupported by consideration on the part of the offeree if it would be grossly unfair not to enforce the promise. This is known as
- Tommy, a minor, bought headphones for his stereo from The Stereo Store. This agreement is
- If an agreement is partially legal and partially illegal, the
