SOLVED

66) Mary accepts Joe’s offer to buy 100 comic books. She sends her acceptance via fax. Mary and Joe live in a jurisdiction that applies the mailbox rule to faxes. When does her fax become effective? A) Faxes are effective as determined by the court’s fact-based assessment of the particular case. B) Faxes are effective upon receipt C) Faxes are not a valid form of acceptance. D) Faxes are effective only if the contract expressly states they are effective upon receipt. E) Faxes are effective upon dispatch 67) Mari tells Daniel that she will mow his yard during the summer for $800. Daniel considers it, and drops a note in the mail to Mari telling her that he rejects her offer. However, he thinks about it again and calls her to tell her that he accepts the offer before she receives his rejection. Which of the following is true under the mailbox rule? A) The offer was no longer outstanding because of the rejection. B) The acceptance was invalid because the mailbox rule requires that the time of payment be specifically set forth before an acceptance is formalized. C) Daniel validly accepted, but his acceptance was revoked when Mari received the rejection. D) Daniel could not accept verbally. E) The acceptance is valid, and the rejection has no effect. 68) Which of the following is true regarding the Uniform Commercial Code? A) It applies only to clarify common law in situations in which the common law is unclear. B) It applies in all situations involving agreements. C) Some elements of a contract under the common law have been modified under the UCC for contracts for the sale of goods. D) It applies only in situations not addressed at all by the common law. E) It does not affect the making of an agreement and only applies after an agreement is formed. 69) When distinguishing an offer from an invitation to negotiate, which of the following is accurate? A) Whether an offer in fact existed depends solely on whether an acceptance of the alleged offer was made immediately so that the offeror knew he or she was bound. B) Whether an offer in fact existed is a mixed question of law and fact. C) Whether an offer in fact existed is a question of law. D) Whether an offer in fact existed is a question of fact. E) Whether an offer in fact existed depends solely on whether the alleged offer included a specific price. 70) Which of the following was the result in the case in the text Adone v. Paletto involving the rejection of a purported acceptance of an offer of compromise because it was not made within the time limit of 10 days specified in the offer? A) Rejection of the acceptance was unjustified because of the plaintiff’s severe injuries. B) Rejection of the acceptance was enforceable because the 10 days in which the other party had to accept had expired. C) Rejection of the acceptance was enforceable because a trial had already been held. D) Rejection of the acceptance was unjustified because allowing only 10 days for acceptance is unreasonable. E) Rejection of the acceptance was unjustified because offers of compromise may not contain time limits. Â Â