978-0077733711 Chapter 10 Solution Manual

subject Type Homework Help
subject Pages 2
subject Words 1138
subject Authors A. James Barnes, Arlen Langvardt, Jamie Darin Prenkert, Jane Mallor, Martin A. McCrory

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Chapter 10 - The Agreement: Offer
V. ANSWERS TO PROBLEMS AND PROBLEM CASES:
1. No. The court rejected this claim on the ground that the plant managers statements were so
2. No. In analyzing the problem, the court first decided that the UCC applied to this contract.
1. A contract for sale of goods may be made in any manner
2. An agreement sufficient to constitute a contract for sale
3. Even though one or more terms are left open a contract
There are some terms missing that would normally be in a contract for the sale of a business,
3. 1No. The court pointed out that Waffco offered to tow the truck for $275 and Rodziewicz
accepted that offer by authorizing the truck to be towed. The contract, therefore was for $275.
4. No. Schiffs proposal to pay anyone $100,000 for calling the show and citing the requested
section of the Internal Revenue Code was a valid offer for a reward, but it could only have
5. No. Generally, advertisements are offers only when they are clear, definite, and leave nothing
for further negotiation. This ad contained no language such as “first come, first served” that
6. No. An “acceptance” that contains terms that differ from the terms of the offer is a counter-
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© 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
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Chapter 10 - The Agreement: Offer
7. No. The eBay terms and conditions were very clear. The additional terms added by the
sellers were intended to scare off fraudulent bidders rather than to create a binding contract
8. 3 No. The court held that Family Video’s offer had terminated because of the lapse of a
9. No. According to the general rule, sales materials transmitted to prospective customers are
solicitations for offers rather than offers and they give no power of acceptance to the
recipient. Otherwise, the court stated, “ The advertiser could be bound by an excessive
number of contracts requiring delivery of goods far in excess of amounts available. That is
particularly true in the instant case where the gold coins were limited to 500,000 by the Act of
10. The offer in the first situation is a firm offer because it was an offer to sell goods made by a
merchant in a writing that was signed, assuming that “dealership stationery” including some
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© 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.

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