Jaime offered to buy Kevin's bike. Jamie is the _______ while Kevin is the _______.?
Jaime offered to buy Kevin's bike. Jamie is the _______ while Kevin is the _______. A) offeree; offeror. B) offeror; offeree. C) mortgagor; mortgagee. D) mortgagee; mortgagor.
For a valid offer, the offeror must communicate an intention to create a legal obligation to the offeree with?
I would say A. If you take the second response out to the limits, an offeror could just say "I offer to sell stuff" and the offeree could say "I agree to pay for stuff." Without defining what the stuff is and what the payment is there can be no contract.
What is a counter offer?
Are you serious? For a high school student, you ask stupid questions. Maybe you should pay more attention in class.
I need help answering a few multiple choice business law questions?
1. The intent of the offeror to extend an offer to the offereeis generally determined by reference to: a) the beliefs of the offeror b) the subjective intention ofthe offeror c) the assumption of the offeror d) the words and conduct of the offeror 2. The Johnsons decided to sell their summer cabin on Beach Lake. They sent flyers out to al who previosuly had expressed an interest in buying the cabin stating that they were planning on selling their cabin. The flyer describd the location of the property, the size of the lot, and the price. If one of the recipients responds by sending a letter accepting, an agreement: a) will not be formed because the flyer was sent out as an invitatation to negotiate b) will be formed because the first to respond gets the property c) will be fomed because the price is included d) will not be formed because of the parol evidence rule 3.Which of the following offers are considered to be irrevocable for a given period? a) Firm offers b) Opinion contracts c) A writing signed by a merchant offering to hold open an offer for a sale of goods for a stated period d) All of the above. 4) Which of the following elements are neccessary for a court to enforce a promise under the doctrine of promissory estoppel? a) the offeror makes a promise knowing the oferee is likely to rely b) the offeree relied on a promise c) the only way to avoid injustice is to enforce the promise d) All of the above elements are necessary for a court to enforce a promise under the doctrine of promissory estoppel 5. Sam's uncle tells him, "For your graduation gift, I'll give you money so that you can buy a computer for college." Sam buys a good used computer but the uncle refuses to give the money. Sam's best theory for recovery when suing his uncle is: a) breach of contract b) breach of quasi0contract c) promissory estoppel d) defamation
What is a good selling price on an antique Fish carburetor?
I am trying to sell an antique Fish carburetor from the 1950's. I know nothing about it except it is in great condition. The model number is M1-535. What would this be worth today?