22. Paul wants to hire Peter to teach him basic gardening techniques, Paying him $10 per hour. Peter agrees. The agreement is not in writing, is it a valid, enforceable contract? a. Yes b. No 23. Defamation is a tort a. True b. False 24. Corvallis-Albany Candle Company faxes an order form to Candle Manufacturing Company (CMC) offering to purchase 10,000 yellow candles at $1.00 each. CMC replies by fax and says sounds good,were very busy, so delivery will be next month. How will CMCs response be treated? a. As a counter-offer and rejection b. As an acceptance with additional terms proposed that will not automatically become part of the contract. c. As an acceptance with additional terms that will become a part of the contract unless the original offer was condition upon CMC not proposing additional terms, the additional terms do not materially alter the contract, and Corvallis-Albany Candle Company does not object to the additional terms within a reasonable period of time. d. As a rescission 25. Corvallis-Albany Candle Company faxes an order form to Candle Manufacturing Company (CMC) offering to purchase an order of candlesyellow, red and blueat $1 each, to arrive within one week. Is this a valid offer? a. Yes b. No. 26. Jason offers to sell Freddie his commercial building on Elm St. for $1million. Freddie responds, "Ill give you $900,000." Jason does not respond. Can Freddie later accept Jasons offer to sell the building for $1million? a. Yes b. No, Freddies counter-offer was a rejection of Jasons offer to sell for $1 million. c. Yes, if he does so within a reasonable amount of time d. None of the above