This is TRUE/FALSE questions.

1. This question is based on the following fact pattern . . .

10/1/03 Marge mails Lisa an offer to sell her a car for $25,000 10/5/03 at 10 am, Marge sends Lisa a letter by certified mail and attempts to revoke her offer of 10/1 10/5/03 at 10:30 am, Lisa mails her acceptance of Marge's 10/1 offer 10/5/03. at 11 am, Lisa receives Marge's 10/5 revocation 10/5/03 at 11:30 am, Marge receives Lisa's acceptance

Question:

Under the UCC, there is a contract since Lisa's acceptance is reasonable and therefore good upon dispatch.

Group of answer choices

A)True

B)False

2. This question is based on the following fact pattern . . .

10/1/03 Marge mails Lisa an offer to sell her a car for $25,000 10/5/03 at 10 am, Marge sends Lisa a letter by certified mail and attempts to revoke her offer of 10/1 10/5/03 at 10:30 am, Lisa mails her acceptance of Marge's 10/1 offer 10/5/03. at 11 am, Lisa receives Marge's 10/5 revocation 10/5/03 at 11:30 am, Marge receives Lisa's acceptance

Question:

Even if Marge's offer said that Lisa must accept by fax, there would still be a contract since Lisa's acceptance was reasonable.

Group of answer choices

A)True

B)False

3. This question is based on the following fact pattern . . .

10/1/03 Marge mails Lisa an offer to sell her a car for $25,000 10/5/03 at 10 am, Marge sends Lisa a letter by certified mail and attempts to revoke her offer of 10/1 10/5/03 at 10:30 am, Lisa mails her acceptance of Marge's 10/1 offer 10/5/03. at 11 am, Lisa receives Marge's 10/5 revocation 10/5/03 at 11:30 am, Marge receives Lisa's acceptance

Question:

Assuming that Marge's offer said nothing about how Lisa must accept, there is a contract since Lisa' s acceptance is reasonable and therefore good upon dispatch.

Group of answer choices

A)True

B)False

4. This question is based on the following fact pattern . . .

10/1/03 Marge mails Lisa an offer to sell her a car for $25,000 10/5/03 at 10 am, Marge sends Lisa a letter by certified mail and attempts to revoke her offer of 10/1 10/5/03 at 10:30 am, Lisa mails her acceptance of Marge's 10/1 offer 10/5/03. at 11 am, Lisa receives Marge's 10/5 revocation 10/5/03 at 11:30 am, Marge receives Lisa's acceptance

Article 2 of the UCC may still control a contract that involves the performance of some services.

Group of answer choices

A)True

B)False