Question Completion Status: QUESTION 1 4 points Save Answer Rupert has always ad

Question

Question Completion Status: QUESTION 1 4 points Save Answer Rupert has always admired his friend RJ's car, a 2002 Saturn SL2. Rupert tells his friend RJ: "One day, when I have the money, I'm going to buy your Saturn for $5,000.00. RJ replies, "Sure!" One week later, Rupert wins $5,000.00 in the California Lottery. RJ offers Rupert the keys to his 2002 Saturn and says, "Now you have the money, so here's the keys to my car." Rupert refuses to buy RJ's car. What will be the likely result if RJ sues Rupert for breach of contract? O a. RJ will win because Rupert made an offer for a unilateral contract. b. Rupert will win because his offer was for a bilateral contract. c. Rupert will win because no contract was formed. d·RJ will win because neither he or Rupert are "merchants." QUESTION 2 4 points Save Answer RJ has sued his friend Rupert for breach of contract. According to RJ, Rupert orally promised to buy RJ's 2002 Saturn SL2 car for S5,000.00 and RJ accepted. RJ claims he tendered the keys to his car to Rupert, but Rupert breached the contract by refusing to accept the keys and refusing to pay RJ the $5,000.00 as promised. Based on the facts stated above Rupert's best defense to the breach of contract claim is, which of the following a. There was no offer b. There was no acceptance c. There was no consideration. d. There is nothing in writing QUESTION 3

Explanation / Answer

Question 1:

Question 2

d. There is nothing in writing. Rupert promised to pay $5,000 for RJs car & RJ accepted that offer. So there is an offer (to pay), acceptance (from RJs side to sell his car), consideration ($5,000). But no written contract was made between BUYER(Rupert) & SELLER (RJ). Oral promise has no legal value & hence have no obligation to fulfill the terms which were orally agreed as no written contract made.

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