Exam 11: Agreement in Traditional and E-Contracts

Grant offers to sell his Honda Civic for $10,000 to Ivy.Referring to the prices for similar Hondas,Ivy says,"I'll pay no more than $5,000." Grant says,"Forget it." Grant's offer was terminated by

Michelle gives out a business card with an e-mail address on it.According to the comments that accompany the UETA,it may be reasonable to infer that Michelle has consented to

Flem,a user of GameCenter.com's Web site,can download gaming software for free if he first clicks on "I accept" after viewing certain terms.This is

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

Interstate Coffee Brokers,Inc.(ICBI),offers to sell Java Roasters,Inc.,fifty bags of coffee beans.Java rejects the offer.The offer is

A statement of future intent-"I plan to sell my 700-pound sow"-is an offer.

A "sale" of software generally involves only a right to use the software.

Royal Properties,Inc.,mails a flyer to hundreds of firms,advertising a building for sale.Standard Manufacturing Company responds by saying,"We accept your offer." Between Royal and Standard,there is

Parties cannot opt out of the UETA.

Elmo advertises a reward for the return of his lost dog.Floyd,who does not know of the reward,finds and returns the dog.Floyd cannot recover the re?ward because he

State e-signature laws are uniform.

An agreement is evidenced by a single event: an offer.

Fanny tells Eden that she will sign a lease if it includes a clause permitting Fanny to ex?tend the lease at the same amount of rent.Fanny's intent to sign the lease is determined by reference to Fanny's

Under the mailbox rule,an acceptance takes effect at the time it is sent.

The UETA covers only e-records and e-signatures relating to a transaction.

A forum-selection clause indicates the place for the resolution of a dispute arising under a contract.

An offeree's power of acceptance is terminated when the offeror dies unless the offer is irrevocable.

An acceptance sent by means not expressly or impliedly authorized is not effective until it is received.

Under federal law,an electronic signature can be as valid as a signature on pa?per.

The UETA does not apply to a transaction unless the parties agreed to conduct the transaction electronically.