Question

are this correct? or did i got one wrong?

1. A party can accept an offer without actually signing anything. TRUE

2. Normally the acceptance of an offer cannot include any additional terms, but under Article 2 of the Uniform Commercial Code, a contract is formed even if the acceptance includes additional terms. TRUE

3,. Abner is in negotiations with Tara to purchase Tara's hamburger stand. "Wow!" says Abner. "This is a really great price! There's nothing wrong with the property, is there Tara?" Tara knows that the property next door has been sold to a meat slaughterhouse and that soon hundreds of cattle every day are going to be herded onto the adjacent property and turned into sides of beef, which will kill the hamburger stand's business. But she doesn't say anything. "Oh," says Tara, "I'm just ready to get out of the hamburger business." "Well, okay!" says Abner. "As long as there's nothing wrong wth the property, you've got yourself a deal!"

One year later, when the slaughterhouse has opened and his business drops to zero, Abner realizes that Tara lied to him. Can he avoid the contract based on fraudulent misrepresentation? YES

4. Amanda is a tire salesman for Acme Tire Company. Her job is to sign contracts for the sale of tires with tire distributors in her assigned region. One day she signs a contract for the purchase of a truck with Big Tex Truck Company, even though she has no authority to purchase trucks for the company. When Acme Tire Company receives the bill for the truck from Big Tex Truck, it refuses to pay the bill. Is Acme Tire Company liable for the purchase of the truck? NO

5. Is Amanda liable for the purchase of the truck? YES

6.Linus wants to be a corporate officer of the Pumpkin Squeezin's Corporation. He'd like to be the president, but he'll settle for being a vice president or secretary. But the only way a corporate officer can be hired is to be voted on by the shareholders, so Linus has to wait until the next shareholders' meeting. TRUE

Answer 1

The answers:-

1. True

It is called a verbal contract but cannot be used in binding.

2. True

Clearly stated in article 2

3. True

Even silence counts as fraudulent misrepresentation

4. No

Because Amanda did not have the required authority to go through with such a deal

5. Yes

She is liable for her actions as long as the company had no influence in them.

6. True

Only the shareholders have the right to choose the representation in the following case along with choosing the board members.