Question

1 Typical civil litigation by a business will seek what type of damages: Nominal Liquidated Compensatory...

1 Typical civil litigation by a business will seek what type of damages:

Nominal

Liquidated

Compensatory

All of the other answers

2 Unsolicited goods received in the mail:

Can be kept as gift

All of the other answers

Acceptance of offer if package opened

Must be returned postage due

3 At an auction:

Acceptance is made by the auctioneer

Bidder accepts the auctioneer’s offer

All of the other answers

Offer to sell is made by the bidder

4 Which of the following will be an exception to Statute of Frauds:

Statute of Limitations

Past business experience establishes a precedent

All of the other answers

Misrepresentation by offeror

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Answer #1

1.Compensatory

2.Can be kept as gift

3.Bidder accepts the auctioneer’s offer

4.Past business experinence establishes precedent

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