SOLVED

71) Which of the following statements is true about both ESIGN and UETA? A) Not every state has adopted ESIGN, but every state has adopted UETA. B) ESIGN affirms e-contracts as legally valid, but under UETA, e-contracts do not have the same effect as a paper contract. C) Congress passed ESIGN and UETA to facilitate e-commerce. D) A few states have not adopted ESIGN and UETA. E) Both ESIGN and UETA affirm e-contracts as legally valid. 72) Which of the following is true about contract law in China? A) China has seven chapters of general provisions for contracts but also has chapters with special provisions for 15 different types of contracts. B) China does not have laws regarding contracts. C) China has general provisions for contracts, but no specific provisions for different types of contracts. D) China’s contacts laws are very similar to those of the United States. E) China only follows international laws regarding contracts. 73) Which of the following is not a negotiable instrument? A) Check B) Draft C) Note D) Certificate of deposit E) Letter of credit 74) In Baum v. Helget Gas Products, Inc., what was the outcome of the handwritten notes that were claimed to comprise an employment contract? A) Handwritten notes can constitute a unilateral contract only. B) Handwritten notes can comprise certain types of contracts, but not an employment contract. C) Handwritten notes are too informal to comprise an employment contract. D) Handwritten notes can be considered an enforceable employment contract. E) Handwritten notes can be part of an employment contract, if a formal contract is subsequently executed. [Wedding flowers] Serena planned a backyard wedding for her daughter, Naomi, and contacted Flo’s Flowers. Flo and Serena discussed terms for Naomi’s wedding, including purple flowers, delivery at 3:00 p.m., and a total cost of $2,000. Flo e-mailed Serena a ten-page pre-printed contract in tiny print, which Serena thought was very long and confusing, but Flo had the best flowers in town. Serena glanced at the contract and noticed the price of “Three Thousand Dollars,” which was not what they agreed. She typed a line through it and typed “$2K” in the margin along with her initials. Since she did not see anything about flower color, she added on the last page “As discussed, please provide purple flowers.” She also noticed the delivery time was 5:00 p.m. Since they had agreed on 3:00 p.m., she changed that item, and then typed her name at the bottom of the contract and e-mailed it back to Flo. When the big day came two months later, Flo’s delivery truck did not arrive until 5:00 p.m., and brought pink flower arrangements. The delivery workers gave Serena an invoice for $3,000 and demanded payment. Serena was livid and demanded they provide purple flowers, as agreed. Unfortunately, they had no flowers left in the delivery truck and the store was closed. Guests were arriving and Serena had no choice but to use the pink flowers. She begrudgingly handed over a check for $2,000. The following day, Flo called demanding payment of the remaining one thousand dollars. Serena told her she would not pay because the flowers were pink, the price was wrong, and they arrived late. Flo referred Serena to Section 29 of the contract which states, “Pigment may be redesigned at any time.” 75) Following standards of contract interpretation, what was the proper price of the flowers, according to the terms of the contract? A) $2,000 because that was what they agreed and the judge would follow the intent of the parties. B) $2,000, because that was the latter act of the contract. C) $2,000 because Serena may cross out terms if initialed. D) $3,000, because that was how it was written on the form and Serena has no right to cross it out. E) $3,000 because the words were written out. Â Â