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BUSINESS LAW Week 2 Quiz

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Question 11 ptsRoyal Hotel Inc. verbally orders 100 sets of sheets and pillowcases, each to be embroidered with the chain’s coronet logo, for $1,000, from Textile Inc. Textile starts on the order and has completed 45 sets when Royal calls back and cancels the order. Which of the following is true?

Flag this QuestionQuestion 21 ptsDaniel offers to sell his Toyota Camry to Jen for $8,000. Jen replies, “I accept. Make sure you wash and wax the car before you bring it over.” Which best describes the situation?

Flag this QuestionQuestion 31 ptsAlpha orders 100 Grade A widgets from Beta. Beta does not have any Grade A widgets in stock, so it ships Alpha 100 Grade B widgets instead. Which of the following is true?

Flag this QuestionQuestion 41 ptsBeta Inc. offers to buy 25 screwdrivers from Industrial Hardware for $75. Industrial responds, “We have the screwdrivers you wish to purchase, but the price is $80.” Beta replies, “No, we can find them cheaper somewhere else.” Industrial now responds, “We accept your offer of 25 screwdrivers for $75.” Do they have a contract?

Flag this QuestionQuestion 51 ptsDelta Inc. offers to sell Omega Corp. a packaging machine. Omega responds “We’ll take it but only if there is a six-month warranty.” Which of the following is true?

Flag this QuestionQuestion 61 ptsIf an offeree attempts to add different terms in an acceptance, which conflict with what the offeror stated

Flag this QuestionQuestion 71 ptsAlpha Inc. offers to sell a factory building to Delta Corp for $300,000. The offer states that it is good until June 1. On May 22, the CEO of Alpha emails an officer at Delta, informing him that she is withdrawing the offer. Which of the following is true?

Flag this QuestionQuestion 81 ptsKatrina is complaining to her landlord about the six-inch long cockroaches in her apartment. The landlord scoffs, saying: “Cockroaches don’t get that big! I’ll pay $10,000 to anyone who can show me a six-inch cockroach.” Will, a bug collector, overhears and promptly presents the landlord with his prize six-inch South American cockroach. The landlord refuses to pay, and Will sues. Which of the following best describes the situation?

Flag this QuestionQuestion 91 ptsQuasi contracts

Flag this QuestionQuestion 101 ptsMerlin posts his car for sale. Breanna calls and leaves a voicemail, saying, “Hey, I definitely want to buy your car! I’ll pick it up tomorrow, okay?” Which of the following best describes the situation?

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BUSINESS LAW Week 2 Quiz was first posted on August 3, 2019 at 4:18 pm.
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