John owns two cars.He says to Faye,"I'll sell you either one of my cars for $8,000." This would be a valid offer.
Correct Answer:
Verified
Q8: Generally,time of performance cannot be implied.
Q9: The common law of contracts requires an
Q10: Since contract law applies a "reasonable person
Q11: The parties or subject matter of the
Q12: An offer is also commonly referred to
Q14: An agreement is an involuntary exchange of
Q15: The intent to enter into a contract
Q16: An offer made in jest,where a reasonable
Q17: The Restatement (Second)of Contracts merely requires that
Q18: Generally,an offer is not effective until it
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