Ch. 2 agreement quiz

For a court to determine if a contract has been breached and to give an appropriate remedy, the offer must include terms that are at least

reasonably definite.

An ad for the New Plays Festival asks playwrights to submit their work and "we might produce it for the world." Oded submits a play with a note that states, "I accept." Between the Festival and Oded, there is

none of the choices.

Nevin negotiates a deal for the sale of twenty-five acres of farmland to Otis. Nevin promises to hold the offer open in return for a small payment but does not state an exact period of time. With respect to this offer

a reasonable period of time is implied.

Lon says to Misty, "I would like to sell you my sofa." This statement is

an invitation to negotiate, not an offer.

Glen offers to sell Helen his iPad for $200. Under the mirror image rule, Helen's response will be considered an acceptance if the terms of the acceptance

exactly mirror those of the offer.

For a contact to be considered valid and enforceable, the parties to a deal must

manifest their voluntary consent to the same bargain.

Rena asks Sully, "Do you want to pay me to repair your forklift?" This is

not an offer, because the terms are not definite.

Rafi offers to sell his sailboat, _Sea Siren_, to Tara for $50,000. Referring to the prices for similar vessels, Tara says, "I'll pay no more than $40,000." Rafi's offer is

terminated

Kelly offers to sell a certain used forklift to Lumber Outlet, but Kelly dies before Lumber Outlet accepts. Most likely, Kelly's death

terminates the offer

Fresh Agro Inc. offers to deliver produce to Growers' Market for a certain price. Fresh's intent to extend an offer is determined by reference to Fresh's

words and actions.