Services
Discover
Homeschooling
Ask a Question
Log in
Sign up
Filters
Done
Question type:
Essay
Multiple Choice
Short Answer
True False
Matching
Topic
Business
Study Set
Business Law in Canada Study Set 2
Quiz 6: Formation of Contracts
Path 4
Access For Free
Share
All types
Filters
Study Flashcards
Practice Exam
Learn
Question 121
Essay
Indicate how consumers are protected in standard form contract situations.
Question 122
Essay
Joe offered to sell Harry his car for $500. Harry responded by saying, "I accept, providing you install a new radio in that car." Explain the legal relationship between the two parties.
Question 123
Essay
Harry saw Joe in his classic Buick at a local drive-in restaurant and talked about wanting to buy it. Joe offered to sell it to him for $1,500. Harry said he needed some time to think about it and that he would send him a letter. The next day, Joe changed his mind and mailed Harry a letter of revocation. The day after that, before Harry had received the letter of revocation, he sent a letter of acceptance to Joe. The next day the two letters arrived at their various destinations, Joe receiving Harry's letter of acceptance just after Harry received Joe's letter of revocation. Explain the legal liabilities of the parties.
Question 124
Short Answer
There is a principle that says when a gratuitous promise to do something in the future causes someone to incur an expense, the promisor may be liable for failing to live up to that promise. What is this principle known as?