Exam 10: Mutual Assent

George offered to paint Catherine's barn for $4,000.Catherine said she would accept the offer if George would paint the woodshed, too.At this point, they have made a valid and enforceable contract.

The UCC provides that a merchant is bound to keep a written offer open for a stated period but no longer than:

Which of the following would most likely be a merchant with respect to the goods in question under the UCC definition?

Maxine offered to sell her video camera to Tom for $200 and also stated to Tom, "I will give you two weeks to accept my offer." One week later Tom learned that Maxine had sold the video camera to Cindy.Maxine:

If a promisor intends her promise as a joke, whether or not the promisee as a reasonable person should understand it to be such, the promise is not an offer.