3.Ms. Cleo Tran owns a very warm down comforter because of those frigid Ho Chi Minh City summer nights.Ms. Mariya M. Nishizawa would like to buy the comforter because those nights are even colder in Guam.During the course of a conversation, Mariya asks Cleo what price she would accept for the comforter. Cleo replies, "I am not sure I want to sell the comforter, but I think it is worth about $300." Mariya says, "That is a little more than I wanted to spend."Two weeks later, Mariya telephoned Cleo and says, "I'll bring over the $300 today." Cleo refuses to sell the comforter and Mariya sues.What results?

a. Mariya wins because a valid contract was created.

b. Cleo wins because Mariya did not accept the offer in a reasonable manner.

c.Cleo wins because when Mariya said $300 was too much to pay, Mariya rejected the offer.

d.Cleo wins because there was never any offer for Mariya to accept.

e.Cleo wins because Mariya's offer expired due to the passing of a reasonable time.

ANSWER:__________

5.Ms. Jiamin Kuang finally got the job she always wanted, one that is close to the Pacific Ocean and pays pretty well -- she becomes Google's Chief of China Business Development.To celebrate, Jiaminditches her old ratty 2019 Rolls Royce automobile and buys a 2020 $1.4 million Bugatti.Ever the generous person, Jiaminpromises to give her old Rolls Royce to Mr. Eric Ng.Eric sells his 1978 primer grey Dodge Dart for $4.25, about 75 cents less than what it's worth, because he is expecting to get a Rolls from his rich and generous friend, Jiamin.Sadly for Eric, Jiamin later changes her mind and decides to keep her old car.If Eric sues his rich but as it turns out not so generous friend, Jiamin , the court most likely will:

a.Require Eric to pay at least $4.25 in damages to Forrest for the loss Eric incurred in

connection with her failure to keep her promise.

b.Require Jiamin to give Eric the Rolls Royce because her promise was illusory.

c.Not require Jiamin to do anything because this was a gift promise.

d.Require Jiamin to give the Rolls Royce because the sale of his car was consideration for the Rolls.

ANSWER:__________

The "Euros" Club (BUS 320Survivors Ammari Anas, Caroline Maxwell and Hanna Knippers) are at it again. This time they are joined by legendary BUS 320 Survivor Legend Nguyen drinking beers and whiskey shots at the Pig & Whistle Bar.There had been no discussion of who would pay for the drinks.After the third, or was it the eighth, twelfth or maybe twentieth round of drinks, Legend says, "I will pay for everything tonight including your drinks."Ever the joker, a couple of minutes later Legend says, "Just kidding!"The "Euros" Club members want to force Legend to honor his promise to pay for everything and they threaten to sue.In this circumstance, a court would:

a.Require Legend to follow through on the promise under the doctrine of promissory estoppel.

b.Not require Legend to follow through on his promise because it was gratuitous one.

c. Require Legend to follow through on the promise if his drinking companions had previously paid a

comparable amount for food or drinks consumed by Legend.

d.Require Legend to follow through on the promise if it would be a hardship for his drinking

companions to pay for their own drinks.

e.Not require Legend to follow through on the promise because it would encourage the "Euros" Club

members to party like "rock stars", like they needed any prompting to party!

ANSWER:__________

7.There is an existing contract calling for Linda Heng (Seller) to deliver 1,000 widgets to Elianna (Buyer).Elianna says to Linda, "It would please me greatly to buy 100 additional units at the same price." Linda responds, "It would be my great pleasure to promise to sell to you the 100 extra units if I decide not to sell them to other customers."Regarding only the sale of the extra 100 units:

a.There is consideration due to a legal detriment on both sides.

b.There is no consideration due to a preexisting duty.

c.There is no consideration due to a past consideration.

d.There is consideration due to promissory estoppel.

e.There is no consideration due to an illusory promise.

ANSWER:__________