12. which of the The onts h The osts of a d. The costs of p -13. which ofthe wri

Question

12. which of the The onts h The osts of a d. The costs of p -13. which ofthe writing signed by a merchant offering to bold open an offer Soe the sale of ods ortedr e. All of the above d, Fin? offers. -14, which of the following terms designates the legal ability of a party to enter into a conc a. Capacity b. Consent c. Materiality d. Affirmation 15. Mike made the following offer to Mick:"I will pay you $500 if you agree to pains my house?i rep he would. At this point, the contract is an a. executed, unilateral, express contract. b. executed, bilateral, express contract. e. executory, bilateral, express contract d. executory, bilateral, implied-in-law contract. make monthly payments until the purchase price plus interest are paid in full. Which of the following is cocrect a. The contract is voidable by Marty b. The contract is void as soon as it is made. 16. Marty, a 16-year-old, contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. Marty agrees to c. The contract is voidable by either Marty or Cream-of-the-Crop Cycles d. The contract is voidable by Cream-of-the-Crop Cycles. contract is legal but permits one party to escape, if he or she so wishes. a. disaffirmed; affirmed contract is illegal from the beginning and may not be enforced by either party; aln) b. void; voidable c. affirmed; disaffirmed d. voidable; void

Explanation / Answer

Solution 12:

The costs of mailing resumes to prospective employers is an example of incidental damages if you are wrongfully terminated from your job. Hence option a is correct.

Solution 13:

Firm offers, Option contracts and A writing signed by a merchant to hold open an offer the sale of goods for a stated period are considered to be irrevocable for a given period.

Hence option c is correct.

Solution 14:

Capacity designates legal ability of party to enter into a contract.

Hence option a is correct.

Solution 15:

The contract is "executory, bilateral, express contract."

Hence option c is correct.

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