12. Which of the following constitute legal offers? A. Expressions of opinion B.
ID: 412967 • Letter: 1
Question
12. Which of the following constitute legal offers? A. Expressions of opinion B. Statement of intentiorn C. Catalogue advertisements D. None of the above 13. Harry takes his canary to Dr. Bugs for surgery on a broken wing Dr. Bugs says that should be fully healed within a week. The wing does not heal within a week. Dr. Bugs is A. Not liable for breach of contract, because the statement was an opinion. B. Not liable for breach of contract, but Harry is excused from paying the doctor's bill. C. Not liable for breach of contract, because the repair of bird wings in not proper subject ne No matter for a contract. D. Liable for breach of contract. for Roger announces that he plans to sell his stock in Porcine Aviation at a price below the current market value. Andrew hands Roger a check for the amount. Roger 14. UL A. Must accept the check and give Andrew the stock. B. May refuse to accept the check, unless it is certified by a bank. C. May refuse to accept the check, because he merely expressed his intention to enter into a future contract to sell the stock D: None of the above. and 15. The statement "I would like to sell you my baseball card collection" would generally not be se treated as an offer because the statement B. A. Does not describe the subject matter specifically. B. Does not mention a price term. C. Merely expresses an opinion. D. Merely invites the listener to negotiate terms.Explanation / Answer
12.Expression of opinion cannot be treated as an offer as it represents just an opinion and not a commitment. An offer must contain a promise or a commitment. Statement of intention represents the intention of the individual to contract and also not a promise. Hence statement of intention also cannot be considered as an offer. Catalogue of advertisements also cannot be considered as legal offers as they do not contain any commitment to sell.
Hence the answer is option D, none of the above.
13. An offer creates power of acceptance to enter into a contract and it should contain a promise or commitment. In the given scenario Dr. Bugs is giving his opinion that the wing would be fully healed within a week and it is not a promise or commitment. It does not contain any price terms like not to pay the bill if not healed. Hence dr. Bugs is not liable for beach because the statement was an opinion.
Answer is option A.
14. Giving check shows Andrew’s interest in buying the stock. By giving a check for the amount Andrew has expressed his intention to buy the stock in future and does not constitute a valid contract. The stock value may change in future and the amount mentioned on the check would be insignificant. Hence Roger may refuse to accept the check.
Hence the answer is option C, may refuse to accept the check, because he merely expressed his intention to enter into a future contract to sell the stock.
15. The statement just expresses the seller’s opinion and it does not show any commitment or promise to sell which is important to consider as an offer. It does not contain any pricing terms for the buyer to negotiate and hence the listener cannot negotiate the terms. Hence the statement merely expresses an opinion.
Answer is option C.
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