Question

16. A promise to surrender an invalid claim is consideration, provided the promisor a in good faith thought the claim was valid b. has an objectively reasonable claim (makes a claim whose validity is objectively uncertain C. both (a) and (b) d giving up an invalid claim is never a legal detriment For many months you have patronized Alice's barber shop. Yesterday you entered the shop, satin Aloes barber chair and without comment let her cut your hair. Since you never stated a willingness to pay for your hair out there was no contract b. Since Alice never stated an offer to cut your hair there was no contract c. A court would probably determine that an implied-in-tact contract existed and you would be compled to pay Alice. A court would probably determine that an express contract existed and you would be competed to pay Aloe 18. King, Alexandra's pet dog, was lost. Alexandra ran an ad in a local paper offering $50 for King's retum Barbara dd not know of the advertisement but found King, and because Alexandra's address was on King's Colarm ed the dog to Alexandra Barbara has accepted an offer for a unilateral contract Alexandra did not have a contractual intent because her offer was in a newspaper, Barbara could not accept Alexandra's other because she did not know oft Both band. 19. Abbotmals an offer to Costello on June 1. Costello receives the offer on June 2 Abbotmalls a revocation on June 3 Costello mais an acceptance on June 4. Costello receives the revocation on June 5. A contract was formed on a June 2 June 3. June 4. d June 5. 20. Under the Uniform Commercial Code, an acceptance that adds additional terms not within the offer in a contract for the sale of goods always terminates the offer automatically becomes part of the contract no matter what may become part of the contract in some instances automatically acts as a counter offer. C d. 21. a A minor's contract is ordinarily v oid if both parties are minors. c. unenforceable by either party voidable by the miner valid in writing Alan, age 16, purchased a television set from an adult He fully paid fort In order to disattim majority traditional rule, Alan must return the television set if he has it and pay for the use of the television set C. and pay for any damage to the television set pay for any damage and pay for the use of the television set 6. the contract under 23. A minor who buys clothes on credit that he or she truly needs must pay their reasonable value C. the contract price 24. Which of the following would least likely be considered a necessary? a Food b. Jewelry wom when attend aprice equal to the seller's cost replacement value C

Answer 1

16) Option A (in good faith thought the claim was valid)

17) Option C (A court would probably that implied in fact contract and you would be compelled to pay)

18) Option A (Barbara has accepted an offer for unilateral contract)

19) Option C (June 4)

20) Option D (Automatically acts as a counter offer)

21) Option C (Unenforceable by either party)

22) Option A (If he has it)

23) Option A (Their reasonable value)

24) Option A (Food)