Contract Qwik Quiz 2

Question 1 / 5

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1. David's wife hates David's motorcycle. One morning David writes in his diary that to make his wife happy he will sell his motorcycle to the next person who offer him at least $475. Just then, David's friend Terry calls David and says "I'll give you $499 for your motorcycle." David says, "Forget it." If Terry sues David will Terry win?

No, because David didn't offer to sell his motorcycle.

No, because David's motivation to sell his motorcycle was to benefit his wife.

Yes, but only if David's wife approves the sale.

Yes, but only if David's signature is on the diary.

About This Quiz

A short quiz on introductory contract law concepts.

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David must sell the watch, but only if $50 would objectively be viewed as a reasonable price.

David must sell the watch at a price that a professional watchmaker would value the watch.

David does not have to sell the watch because there was no signed contract.

David does not have to sell the watch because he told Perry he revoked the offer.

Perry is suing Ron for defective workmanship.

The common law predates statutes: first in time, first in right.

Perry hired Ron to install the refrigerator.

The equipment was incidental to the transaction between Perry and Ron.

Debby is not a merchant.

This is a services contract.

Patty cannot prove that she intended to buy the scarf.

Patty did not acknowledge Debby's letter in a commercially reasonable manner.

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