31. See problems 25 and 30 above. Suppose that Carl finds that he can procure the...

 

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31. See problems 25 and 30 above. Suppose that Carl finds that he can procure the needed carpet by the delivery date for the replacement carpet. Despite the repudiation he had sent Bill Renovator, Carl wants to reinstate the contract. What rights does Carl have in these circumstances? a. b. a. Carl has an absolute right to retract the repudiation any time before the performance date. C. d. e. Cart is bound by his repudiation and may not retract it under any circumstances. Carl may retract the repudiation unless Renovator has indicated that he is treating it as final. d. Carl may retract the repudiation at will but must be acting in good faith. b. 32. Sally, a non-merchant, offered to sell her bicycle to Allison for $100. Allison replied: "I accept. Please, if you can, include the new kickstand that you bought but have not yet installed on the bike." What is the status of this agreement? C. a. There is a contract: the kick stand is included. There is a contract: the kick stand is not included, unless Sally wants to include it. 33. Six months after being adjudicated insane, Connie signed a contract for premium cable service. The legal status of this contract is Valid Unenforceable b. C. There is no contract because of the mirror image rule. d. There is no contract: Sally and Allison as still in the negotiation stage. Void Voidable by Connie Voidable by Connie or Cable Company. 34. Debbie taught a very popular Pilates class at Local Fitness Center. The class was always filled and had a long waiting list of people who wanted to enroll. When an opening became available, Debbie mailed an offer to May, the first person on the waiting list. The offer said that May should accept the offer by sending a check for $75 payable to Debbie. May did not respond to the offer, but her roommate June saw the offer on May's desk and sent Debbie a check for $75. Is there a contract between June and Debbie? a. No, there is no contract because the offer was not sufficiently definite. b. No, there is no contract because the offer was not communicated to June. d. c. No, there is no contract because the offer did not evidence a present commitment. Yes, there is a contract because June followed all the instructions for accepting the offer. 31. See problems 25 and 30 above. Suppose that Carl finds that he can procure the needed carpet by the delivery date for the replacement carpet. Despite the repudiation he had sent Bill Renovator, Carl wants to reinstate the contract. What rights does Carl have in these circumstances? a. b. a. Carl has an absolute right to retract the repudiation any time before the performance date. C. d. e. Cart is bound by his repudiation and may not retract it under any circumstances. Carl may retract the repudiation unless Renovator has indicated that he is treating it as final. d. Carl may retract the repudiation at will but must be acting in good faith. b. 32. Sally, a non-merchant, offered to sell her bicycle to Allison for $100. Allison replied: "I accept. Please, if you can, include the new kickstand that you bought but have not yet installed on the bike." What is the status of this agreement? C. a. There is a contract: the kick stand is included. There is a contract: the kick stand is not included, unless Sally wants to include it. 33. Six months after being adjudicated insane, Connie signed a contract for premium cable service. The legal status of this contract is Valid Unenforceable b. C. There is no contract because of the mirror image rule. d. There is no contract: Sally and Allison as still in the negotiation stage. Void Voidable by Connie Voidable by Connie or Cable Company. 34. Debbie taught a very popular Pilates class at Local Fitness Center. The class was always filled and had a long waiting list of people who wanted to enroll. When an opening became available, Debbie mailed an offer to May, the first person on the waiting list. The offer said that May should accept the offer by sending a check for $75 payable to Debbie. May did not respond to the offer, but her roommate June saw the offer on May's desk and sent Debbie a check for $75. Is there a contract between June and Debbie? a. No, there is no contract because the offer was not sufficiently definite. b. No, there is no contract because the offer was not communicated to June. d. c. No, there is no contract because the offer did not evidence a present commitment. Yes, there is a contract because June followed all the instructions for accepting the offer.

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The detailed answer for the above question is provided below 31 The correct answer is c Cart may ret... View the full answer