1. Whether a statement made by a so-called offeror will be construed by the court to be a legally valid offer, is judged by the following standard: Multiple Choice Objectively, from a reasonable offeree's shoes Objectively, from a reasonable offeror's shoes Subjectively, from the offeror's personal viewpoint Subjectively, from the offeree's personal viewpoint 2.When is the revocation of an offer typically effective? Multiple Choice When it is made by the offeror When it is received by the offeror. When it is received by the offeree Whenever it needs to be in order to maintain justice. "When it is made by the offeree. 3. Debbie promises to sell Brian a one of a kind baseball card for $1,000. Brian says that he does not have the money right now, but will have at it his next paycheck. Debbie gives Brian a signed written notice that the offer will stay open for two months. Does it change the analysis if Debbie is a merchant seller for this to be a firm offer under the UCC? Multiple Choice Yes, such offers are void Yes, such offers are only valid until the sun sets, Yes, such offers are not reasonable. Yes, such offers are voidable." Yes, the offeror must be a merchant, pursuant to the UCC definition of merchant, 4. If an offer to sell goods qualifies as a firm offer, the UCC governs instead of the Multiple Choice Law of the Jungle Common law. Law of Sales. Uniform Contract Code | Uncommon law. 5. The "master of the offer" is the Judge! Whichever party signs his or her name first Offeree. Offeror. Negotiator