Question

5. Bob sent Sam this text: "Will sell you my used golf clubs for S400." Sam replied, "I accept. Will pay $200 immediately and $200 by this Friday" An hour later Sam texted, "Changed my mind. I've founda better deal elsewhere and won't buy your clubs after all." How much is Sam contractually obligated to pay Bob? (a) SO, (b) $200, (c) $400. 6. At 10 am. on May 1, Tom emailed Joe (assume this qualifies as an offer), "Am hereby offering you employment as my sales manager, to begin on June 1, at a $75,000 annual salary. Other details to be worked out later. Offer may be accepted only by email that qualifies as acceptance per the terms of the common law of contracts." Joe saw this message on his iPhone at 10:30 a.m. and immediately texted: "Eager to work for your company but $75,000 salary is insufficient. Would welcome a modified offer." Tom saw this on his iPhone at 10:31 and did not reply. At 10:35 a.m., having reconsidered, Joe emailed Tom, "Changed my mind. Will accept your offer. Tom saw this at 10:40 a.m. and again did not reply. Joe and Tom have (a) a bilateral contract, (b) a voidable contract, (c) an implied contract, (d) no contract. 7. Same facts except that at 10:30 a.m. Joe texted, "Eager to work for your company! Thanks!" Then he saw that an email from Tom had come in, time-stamped 10:31 a.m., that read, "Must unfortunately revoke offer. Will be in touch soon." Joe and Tom have (a) a bilateral contract, (b) a voidable contract, (c) an implied contract, (d) no contract. 8. Same facts as #7, except eliminate the third sentence of Tom's offer in #6. Joe and Tom have (a) a bilateral contract, (b) a voidable contract, (e) an implied contract, (d) no contract. 9. Mary was interested in buying a sailboat and accessories. She emailed Ski & Sail, Inc., which replied by sending her a list of price quotations for different-sized boats and for items necessary or useful for sailing. The price quoted for a 26 % foot sailboat made by ABC Sailboard Manufacturers was S25.000. Mary emailedthe salesperson who had wmttento her." Accept your offerto buy the pecified 26% foot boat for the price of $25,000." If nothing more than this happens, Mary and Ski & Sail have (a) an express contract, (b) an implied contract, (c) a quasi-contract, (d) no contract.

hello, this is business law. I need help with these questions please.
ask any questions you have.
some of answers are very close and I really struggle to understand them.

Answer 1

1. (a) $0.. Coz once the contract is made so their is no obligation to pay back they amount

2. Avoidable contract.. It may be either firmed kr rejected at the option of the one party

3. No contract - their is no contact in this

4.bilateral contract

5.Express contract - it is the term whose term the parties have explicitly set out