Question

Zaidi agreed to sell his cell phone to Fidah for RM 300 or RM 350. There...

Zaidi agreed to sell his cell phone to Fidah for RM 300 or RM 350. There is no valid offer in this situation because_________________
Answer

a. the term of the offer is not certain

b. there was no consideration

c. there was no intention to create a legally binding contract

d. there is an issue of legal capacity to be addressed
Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Terms of the offer in this contract is not certain because it is specifically written that the selling price can either be 300 or 350, so there is no certainty into the price of the contract and hence it can be said that the terms of contract is not certain and it is vague so it is not a valid contract because there is no valid offer.

other options are not correct because there was consideration and there was also a intention for creating a binding contract and there was legal capacity of the parties also

Correct answer would be option ( A) term of the offer is not certain

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Jake activated his cell phone account and a week later received a “text” message saying “text...
Jake activated his cell phone account and a week later received a “text” message saying “text to stop”. The text message came from a company that Jake never heard of, so he ignored it. Two months later, he noticed on his cell phone bill that there was an extra charge for a ring tone service. He phoned his cell phone service provider to inquire. He was told that he had subscribed to the ring tone service because he did not...
Business Law - Contracts 1.         All agreements made between two consenting adults are legally enforceable.            ...
Business Law - Contracts 1.         All agreements made between two consenting adults are legally enforceable.             a. True             b. False 2.         The essential elements of contract formation are:             a. mutual assent, consideration, capacity, and fairness             b. consideration, legality, capacity, and enforceability             c. legality, capacity, a written document, signatures by all parties             d. mutual assent, capacity, consideration, legality             e. none of the above 3.         Generally speaking, oral contracts are just as legally binding as written...
1.   S offered to sell his house and lot to B for P2,000,000, who was interested...
1.   S offered to sell his house and lot to B for P2,000,000, who was interested in buying the same. In his letter, S stated that he was giving B a period of one-month within which to raise the amount. One week before the expiration of the one-month period. S told B that he is no longer willing to sell the property unless the price is increased to P3,000,000. May B compel S to accept the P2,000,000 first offered? Explain....
Problem Presented: Lucy and Zehmer met while having drinks in a restaurant. During the course of...
Problem Presented: Lucy and Zehmer met while having drinks in a restaurant. During the course of their conversation, Lucy offered to buy Zehmer’s 450-acre farm for $50,000 cash. Although Zehmer claims that he thought the offer was made in jest, he wrote the following on the back of a pad: “We hereby agree to sell to Lucy the Ferguson Farm complete for $50,000, title satisfactory to buyer.” Zehmer then signed the writing and induced his wife Jane to do the...
The differences & similarities between the federal & state court systems. 2. The structure of the...
The differences & similarities between the federal & state court systems. 2. The structure of the Washington state court system; i.e. the trial court of general jurisdiction, the intermediate appellate court, the state supreme court. 3. Remember, Washington is in the 9 th Circuit Court of Appeals. 4. Under both the Washington state and federal court system, there is one appeal as of right. Appeals to the Washington Supreme Court(in the state system), or to the U.S. Supreme Court in...
Stuart Johnson And Global Television Network Inc. a wholly owned subsidiary of CanWest Global Communications Corp....
Stuart Johnson And Global Television Network Inc. a wholly owned subsidiary of CanWest Global Communications Corp. doing business as CH Vancouver Island.  An issue in this appeal is whether the respondent, Stuart Johnson, was required to retire from his employment with the appellant, Global Television Network Inc. ("Global"), on the first day of the month following his 65th birthday.  In the event that Mr. Johnson was not required to retire on that day, there is an issue of whether pension...
QUESTION 1 Which one of the following would NOT be necessary for an offer to have...
QUESTION 1 Which one of the following would NOT be necessary for an offer to have legal standing? A. The language must reflect the intent to become a party to a contract. B. All of the conditions under which the offer would be terminated must be identified. C. All the significant terms and/or conditions must be contained in the offer. D. The offer must be effectively communicated to the other party. 3 points    QUESTION 2 Which one of the...
1. I ask you to tie my shoe. You agree to tie my shoe, however, prior...
1. I ask you to tie my shoe. You agree to tie my shoe, however, prior to you tying my shoe you change your mind and refuse to tie my shoe. Using the elements of the contract, determine if this is a valid contract. 2. Bill agrees to sell James some cocaine for $100. James pays Bill $100 but Bill does not deliver the cocaine. Is this a valid contract, a voidable contract or a void contract? Explain your answer....
QUESTION 1 A contract induced by improper threats or undue influence is void. True False 1...
QUESTION 1 A contract induced by improper threats or undue influence is void. True False 1 points    QUESTION 2 A contract made by a person under guardianship is voidable. True False 1 points    QUESTION 3 A contract with a minor remains in force unless the minor decides that he or she does not wish to be bound by it. True False 1 points    QUESTION 4 A person who was intoxicated at the time he made a contract...
“Unilateral contracts” are those in which only one side gives consideration to the other. True/False Privately...
“Unilateral contracts” are those in which only one side gives consideration to the other. True/False Privately owned businesses generally do not have to respect Constitutional rights of employees, because the Bill of Rights was designed just to protect people from actions of Government – not from actions of private parties like private businesses. True or False 3. True or False  “Chapter 7” bankruptcy petitions (sometimes referred to as “total liquidation”) are always filed voluntarily, by the debtor. The debtor cannot be...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT