Exam 11: Agreement

Good Grains Farms and Hiway Shipping Company make a deal for Hiway's services,communicating entirely online. Under the UETA,an electronic record of their deal is considered sent when it

Younger asks Zoey,"Do you want to buy one of my fishing rods?" This is

One necessary element for an effective offer is a reasonable price related to market value.

Waste Management Corporation enters into contracts for its services online. Waste Management can protect itself against disputes involving these contracts by making important terms

An offer terminates automatically when the time specified in the offer has passed.

Shelby offers to make digital copies of Relay Company's business conference videotapes,CDs,DVDs,and other media for $500. Under the mailbox rule,Relay's acceptance by e-mail will be considered effective when

Liz offers to sell Jock her iPad for $500 without any accessories. Under the mirror image rule,Jock's response will be considered an acceptance ifthe terms of the acceptance

Bret buys a subscription to the catalog of movies provided by Cinematique,an online music vendor. Before accessing the catalog,Bret must agree to a provision stating that she will not make and sell copies of the films. This provision is

An "offer" to sell an item on an online auction site generally is treated an invitation to negotiate.

An effective offer requires reasonably definite terms.

A price list is treated as an invitation to negotiate.

An acceptance can materially change or add to the terms of the original offer without rejecting it.

Fix-It-Quik,Inc.,offers Denise a job as a plumber. No time for acceptance is specified in the offer. The offer will terminate

Corporate Code,Inc.,sells business software-accounting and book-keeping programs,blank business forms,inventory control functions,and the like-in different combinations,in different packages,at different prices. Each package includes a shrink-wrap agreement that limits warranties and remedies. Developmental Research Corporation (DRC)buys a Corporate Code package and uses the product. Later,DRC files a suit against the software seller,claiming that the product was flawed and that the flaws caused DRC to suffer business losses. DRC asks for relief that exceeds the limits in the shrink-wrap agreement. What is a shrink-wrap agreement? Are such agreements al-ways enforced? Under what circumstances is a court likely to enforce this agree-ment?

Crafted Iron Works,Inc.,offers to design,make,and sell City Transit Agency fourteen streetcars. Crafted authorizes a particular mode of communication,but City Transit sends an acceptance via a substituted means. This acceptance is effective when it is

Gayla tells Franco that she will pay him $50 to haul the trimmed tree limbs and other lawn debris from her property. Franco's acceptance is complete

Diversions,Inc.,makes video,games. Ember buys a copy of Final Infinity. Inside the package is a shrink-wrap agreement. With respect to the contract for the game's purchase,the shrink-wrap agreement may not be enforced if Ember

On May 1 Noah offers to sell Ole a pig. On May 3Noah mails Ole a letter revoking the offer. Ole receives the letter on May 5 and responds on May 6. Noah's revocation of the offer to sell the pig became effective on

Jon says to Kristy,"I would like to sell you my sports memorabilia collec-tion." This is not an offer because it

An e-contract must meet basic requirements that are different from those required of a paper contract.