SOLVED

71) Judith, an ill-tempered business law teacher, offers $50 to any student who will mow her lawn. Peter goes right over and begins mowing. Just before he finishes, Judith goes over and tells him that she revokes her offer. Which of the following is true regarding Peter’s entitlement to payment? A) Peter is not entitled to payment because a bilateral contract was involved that could only be accepted by full performance prior to revocation. B) Peter is not entitled to payment because a unilateral contract was involved that could only be accepted by full performance prior to revocation. C) Peter is entitled to recover because a bilateral contract was involved, and he was entitled to a reasonable amount of time to complete the job. D) Peter is entitled to recover because a unilateral contract was involved, and he was entitled to a reasonable amount of time to complete the job. E) Peter is entitled to only a proportional recovery based on the amount of work he had done prior to the revocation because Judith always retained the right to validly revoke. 72) Which doctrine may courts use to estop, or prevent, an offeror from revoking an offer based on a party’s taking steps in reasonable reliance on an offer? A) Promissory estoppel B) True to form C) Consideration reliance D) Ethical reasoning E) Contract enforcement 73) The Uniform Electronic Transactions Act allows for which of the following? A) It provides that offers may not be accepted electronically but otherwise retains aspects of the mailbox rule. B) It provides that acceptances may not be made electronically but otherwise retains aspects of the mailbox rule. C) It delays the effect of the mailbox rule by 8 hours. D) It seems to create an electronic version of the mailbox rule. E) It eliminates all effects of the mailbox rule. 74) Which of the following is true of the Uniform Electronic Transmission Act rule for emails? A) It provides that an email is considered received when it enters an information processing system designated by the recipient, provided certain criteria are met. B) It is an act establishing the circumstances under which an email can be considered an offer. C) It is a repudiation of the mailbox rule for email. D) It is a rule establishing when an email creates an implied contract. E) It is an act prohibiting emails from constituting acceptance to an offer conconst 75) Which of the following is true of online businesses and disclosures? A) Online businesses generally make links to online disclosures very easy for consumers to find. B) Online businesses always give full disclosure of terms about products before payment conconst C) Online businesses never make disclosures to consumers about product terms. D) Online businesses commonly refrain from giving full disclosure of terms about a product until they receive a customer’s payment information. E) Online businesses are required to make full disclosures easily accessible to consumers before collecting payment information. Â Â