1.Under the mailbox rule acceptance takes effect when the offeree sends or delivers communication by means expressly stated by the offeror. The instructions: "email m your response " is an example of that.

True

False

In making ethical business decisions top management does not have make a commitment to ethical decision making.

True

False

Acceptance of a unilateral contract happens when the performance has been completed.

True

False

Congress and/or the state legislature enacts the legislation based on public need and leaves its implementation to the administrative agencies.

True

False

If Jim said to Nicole that he would give her $100 if she drives his car to Atlantic City and she does not, there are no legal consequences.

True

False

Lorraine enters into an agreement with the famous hair stylist Dannielle to have her hair done every week. Dannielle then delegates her duties to Lynn who is a trainee at the salon. Lorraine can sue for breach of contract as the contract was personal in nature and the performance cannot be delegated.

True

False

Parties entering into a contract where one or both of the parties can choose not to perform is an example of an executed contract.

True

False

Substantive law consist of all laws that define, describe, regulate and create legal obligation.

True

False

There is no general need to know one's rights and obligations under the law.

True

False

A discharge of a contract can be done by operation of law, agreement, and the statute of limitations.

True

False