Contract Law: Offer, Acceptance, and Consideration � Case Analysis Assignment
Case study focusing on key elements of contract formation and enforcement.
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Contract Law: Offer, Acceptance, and Consideration – Case Analysis
Assignment
1. Question : Katrina is complaining to her landlord about the six-inch long
cockroaches in her apartment. The landlord scoffs, saying:
“Cockroaches don’t get that big! I'll pay $10,000 to anyone who
can show me a six-inch cockroach.” Will, a bug collector,
overhears and promptly presents the landlord with his prize six-inch
South American cockroach. The landlord refuses to pay, and Will
sues. Which of the following best describes the situation?
Student Answer: There is no contract because the landlord never intended to
make an offer.
There is no contract; a reasonable person wouldn’t believe the
landlord intended to pay.
There is no contract because Will did not have the power of
acceptance.
There is definitely a contract.
Instructor
Explanation:
The answer can be found in Section 4.2 The Offer of the text.
Points Received: 1 of 1
Comments:
2. Question : Merlin posts his car for sale. Breanna calls and leaves a voicemail,
saying, “Hey, I definitely want to buy your car! I’ll pick it up
tomorrow, okay?” Which of the following best describes the
situation?
Student Answer: There is a contract, because Breanna has accepted the offer.
There is no contract, because Breanna did not use a proper form
of acceptance.
There is no contract, because Breanna made a counteroffer.
There is no contract, because Merlin never made an offer.
Instructor
Explanation:
The answer can be found in Section 4.2 The Offer of the text.
Points Received: 1 of 1
Comments:
3. Question : Delta Inc. offers to sell Omega Corp. a packaging machine. Omega
responds “We’ll take it but only if there is a six-month warranty.”
Which of the following is true?
Student
Answer: There is a contract, and Omega has a six-month warranty.
There is a contract, but Omega does not have a six-month
warranty.
There is a contract unless the warranty term is a material
change.
Assignment
1. Question : Katrina is complaining to her landlord about the six-inch long
cockroaches in her apartment. The landlord scoffs, saying:
“Cockroaches don’t get that big! I'll pay $10,000 to anyone who
can show me a six-inch cockroach.” Will, a bug collector,
overhears and promptly presents the landlord with his prize six-inch
South American cockroach. The landlord refuses to pay, and Will
sues. Which of the following best describes the situation?
Student Answer: There is no contract because the landlord never intended to
make an offer.
There is no contract; a reasonable person wouldn’t believe the
landlord intended to pay.
There is no contract because Will did not have the power of
acceptance.
There is definitely a contract.
Instructor
Explanation:
The answer can be found in Section 4.2 The Offer of the text.
Points Received: 1 of 1
Comments:
2. Question : Merlin posts his car for sale. Breanna calls and leaves a voicemail,
saying, “Hey, I definitely want to buy your car! I’ll pick it up
tomorrow, okay?” Which of the following best describes the
situation?
Student Answer: There is a contract, because Breanna has accepted the offer.
There is no contract, because Breanna did not use a proper form
of acceptance.
There is no contract, because Breanna made a counteroffer.
There is no contract, because Merlin never made an offer.
Instructor
Explanation:
The answer can be found in Section 4.2 The Offer of the text.
Points Received: 1 of 1
Comments:
3. Question : Delta Inc. offers to sell Omega Corp. a packaging machine. Omega
responds “We’ll take it but only if there is a six-month warranty.”
Which of the following is true?
Student
Answer: There is a contract, and Omega has a six-month warranty.
There is a contract, but Omega does not have a six-month
warranty.
There is a contract unless the warranty term is a material
change.
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Subject
Business Law