Question: Acceptance is timely if it is effective before the offer is terminated. True False Question 33 (3 points) A contract to do something that is

Acceptance is timely if it is effective before

Acceptance is timely if it is effective before the offer is terminated. True False Question 33 (3 points) A contract to do something that is prohibited by statute is enforceable if the parties are aware of the prohibition. enforceable if the parties are ignorant of the prohibition. enforceable if the contract does not negatively affect society. unenforceable. Question 34 (3 points) At an auction, Ben bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Ben estimated, and thus is worth less as is, Ben is still liable on the bid. not liable on the bid because he underestimated the cost of repairs. not liable on the bid because the auctioneer misrepresented the value. not liable on the bid because the need for repair is not a material fact. Question 35 (3 points) Maeve posts her motorcycle for sale on an online auction site. This is an offer. an invitation to negotiate, not an offer. a price list, not an offer. a request, not an offer

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