Emerson found way to make some quick cash

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Reference no: EM133298113

Questions

1. Dawn runs into Delta at the Big Y, and while they are talking, Delta says, "I am in the market for a desk for my son." Dawn says, "Great! i happen to be selling my old desk for $150. Do you want to buy it?" Delta says absolutley. I'll bring the cash to your house tomorrow." Dawn says "that works." The two women sjhake hands and go on about their business.

A. Dawn and Delta have a bilateral contract.

B. Dawn and Delta have a unilateral contract

C. Dawn and Delta have an executed contract.

D. Dawn and Delta do not have a contract at all because the did not put the agreement in writting

2. Roberty's Reality leased some farmland to Farmer McGreggor. McGreggor havested the crops on the farm. Then he cultivated the land in prepartion for planting in the following year. However, the lease between Robert's and McGreggor expired, so McGreggor did not plant the crop. McGreggor sued Robert's Reality for reimburesement for te reasonable value of serivces and material used in preparing the land. It was customary for landlords to compensate tenants for such work. Robert's told McGreggor, "custom is nice, but it ain't the law. So I will see you in court and defend myself.

Based upon our reading from Chapter 11, how would the court likley rule?

A. McGreggor would be entitled to recover the reasonalble value of the benefit conferred upon Roberts in order to prevent the unjust enrichment or Roberts

B. Roberts would win becasue their only contract was for leasing the land, and when that lease ended, what ever was left on the property (crops or services and improvements like cultivation) goes back to the landlord,

C. Roberts would win because the parties never discussed what would happen if the lease ended, and the issue was never adressed in their lease,

D. Roberts would win because courts never consider the adequacy of consideration.

3. Emerson found a way to make some quick cash. He sent random people letters indicating that unless he was notified to the contrary, he would send them three books and the recipient would have to pay for them. Biz law student got the letter and then the books. She opened the package and decided that she liked the books after all. She knew there was a discussion question about this very topic. What law/concept would help her in determining her rights with regard to the books?

a. The Postal Reorganization Act

b. The Parol Evidence Rule

c. The Mailbox Rule

d. Divisible Contracts Act

Reference no: EM133298113

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