Question

Please see attached Pictures. This is a homework assignment for Legal environment of Business that i need help solving.
Stacy mails Jennifer an offer to sell Jennifer 43 bags of rice for $107.00. Jennifer replies to Stacy by mail, stating, " agree to pay $105.75 for 43 bags of rice. Neither Stacy nor Jennifer are merchants. What is the status of Stacy's offer. 1. a. Jennifer has accepted it b. Jenifer has rejected it and counteroffered c, Jennifer has breached her contractual duties d. Jenniferhas cated a condition precedent. 2. enacted in most but not all states, impose liability standards on the owners and employees of a public establishment where alcohol is served. These laws allow a third party who has been injured or harmed to recover damages against the bar and any bar employee who served alcohol to an obviously intoxicated person if that person injures or harms another after leaving the bar 3. Mike mails a letter to LaKeisha on Monday, May 1, offering to sell his car to LaKeisha for 500. LaKeisha receives Mike's letter on Thursday, May 4. On Friday, May 5, LaKeisha mails a letter to Mike informing Mike that she accepts the offer. On Saturday, May 6, before Mike receives Lakeisha's mailed acceptance letter, Mike has second thoughts and mails a second letter to LaKeisha, withdrawing the offer. What is the status of LaKeisha's acceptance as of Saturday, May 6? a. b. c. d. the acceptance is valid the acceptance is invalid the validity of the acceptance will have to be determined by a federal judpe the validity of the acceptance will have to be determined by a state judge 4. Jorge is a student at Rowan University. On Saturday, June 1, Jorge places an ad online, in an effort to sell his laptop computer. Felix is an aging minor-league utility player who lives in Trenton. On the afternoon of June 2, Felix responds by telephone to Jorge's ad, and Jorge and Felix agree on a price for the computer. Jorge tells Felix the computer will be available for pickup on the following morning (Monday, June 3). Felix tells Jorge that he has baseball practice all week and he can't come to Glassboro to get the laptop until the morning of Saturday, June 8. On the night of June 5, a burglar breaks into Jorge's dorm room and steals the laptop. Who had title to the laptop at the time of its theft? a. the burglar b. the federal government C, Jorge d. Felix 5. Courtney's car has balding tires. Sam owns a hoagie shop on the outskirts oftown. Sam does not customarily sell tires, but he has a few new tires that he was given by his brother Stan. Sam keeps the tires in the back of the hoagie shop, hoping to sell them to ome hapless motorist. Courtney comes in one day with a flat tire on her station wagon and buys a replacement tire from Sam. Is Sam a merchant in this tire purchase, according to the UCC a. Yes b. No 6. Explain your answer 7, In which state would the UCC NOT apply as to the facts in Question FIVE? a. New Jersey b. Pennsylvania c. Louisiana d. California 8. Which of the following will NOT be enforced by a court? a. b. c. d. a written agreement to buy a 5-acre tract of land for $5 an oral agreement to lease a refrigerator for an 11-month term for $800. an oral agreement to buy a used refrigerator for $550 a written agreement between a landlord and a tenant's parent whereby the parent agrees to pay any rent that the student refuses to

Answer 1

1) D. Jennifer has created a condition precedent

2) statutory provisions for dram shop liability.

3) a) the acceptance is valid it was mailed one day before the offer was withdrawn and the date of mailing the acceptance is considered important legally and not when it is received by Mike.

4) Felix had the title to the laptop identification to the contract has been completed and the goods have been held by the seller for the buyer in this case, as the buyer is unable to pick up the goods on the offered date. Section 2-401(1) of UCC "title to goods passes from the seller to the buyer in any manner and on any condition explicitly agreed on by the parties".

5) No.

6) He has to be regularly dealing in tyres or having expert knowledge or skill related to tyres to be considered as a merchant or he has to have in his employment individuals acting on his behalf as intermediaries having the required knowledge or skill.

7) c) Louisiana

8) a) a written agreement to buy a 5 acre tract of land for dollar 5 because it would be considered grossly unfair and make the contract unconscionable rendering it legally unenforceable.