Question

2) Nour’s cell phone company sent her a large bill that she disagrees with. Nour can offer an Accord and Satisfaction because

Select one:

a. The debt is unliquidated.

b.
The reasonable person would agree with her.

c.
The debt is liquidated.

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3)Angelina hires Brad to babysit. They do not discuss price. At the end of the night, Brad demands $500 which Angelina refuses to pay. Which of the following is true?

Select one:

a.
Brad will get the $500 because he is free to set the price of his services.

b. Angelina will pay Brad what she thinks his services are worth.

c. The Reasonable Person will decide how much Angelina should pay Brad.

d. Brad will receive nothing because he failed to discuss his price before he provided babysitting services.

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4)

When offered an elephant for his new circus act, Conway the Clown says, “I accept but only if you send a written contract.” Which of the following is true?

Select one:

a. Conway has accepted the offer unconditionally.

b. Conway has accepted the offer but made an additional request.

c. Conway’s acceptance is the mirror image of the offer.

d. Conway has rejected the offer and made a counter-offer.

Answer 1

Q1 option a

Debt is unliquidated

Because unliquidated debt means a liability that remains disputed

If contractual terms and disputes ate resolved then it is liquidated debt

Noor can offer accord and satisfaction means

Noor can offer an compromise from her side and creditor should also compromise something to get to an accord and satisfaction agreement because the debt is unliquidated.

Q2 option c

Because reasonable thing here is to negotiate the payment

Q3 option c

It is acceptance with mirror image rule of contract

Because he will sign only if the contract is written

Mirror rule also says that strict adherence to the offers made in the contract with no modifications.