Question $47(2$ points$)$

Following negotiations, Office Park, Inc., enters into an informal contract with Quality Janitorial Company for custodial services for Office Park's buildings. This means that the parties' contract

$$ requires no special form.

is freely open to either party's interpretation.

is subject to change by either party, within reason.

is not yet completely formed.

Question $48(2$ points$)$

Lon says to Milli, "I would like to sell you my comic book collec$-$tion." This is not an offer because it

$$ does not describe the subject matter specifically.

does not include a price term.

only expresses an opinion.

only invites Milli to negotiate.

Question $47(2$ points$)$

Following negotiations, Office Park, Inc., enters into an informal contract with Quality Janitorial Company for custodial services for Office Park's buildings. This means that the parties' contract

$$ requires no special form.

is freely open to either party's interpretation.

is subject to change by either party, within reason.

is not yet completely formed.

Question $48(2$ points$)$

Lon says to Milli, "I would like to sell you my comic book collec$-$tion." This is not an offer because it

$$ does not describe the subject matter specifically.

does not include a price term.

only expresses an opinion.

only invites Milli to negotiate.