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1. Francis tells Ella that she will sign a lease if it includes a clause permitting Francis to extend the lease at the same amount of rent. Francis’s intent to sign the lease is determined by reference to Francis’s

a. ?assumptions.

b.? beliefs.

c.? unspoken opinions.

d.? words and action.

2. Niles tells Oprah, “I might sell the skis that I bought last fall since I haven’t used them and the skiing season is almost over.” This is

a. ?an acceptance of an offer.

b. ?an invitation to accept an offer.

c. ?an offer.

d. ?a statement of future intent.

3. Raminack Furniture, Inc., mails a flyer to hundreds of firms, advertising a building for sale. Stamford Manufacturing Company responds by saying, “We accept your offer.” Between Raminack and Stamford, there is

a. ?a contract for the sale of the building.

b. ?a contract to consider the offer before any others.

c. ?a contract to negotiate a sale of the building.

d. ?no contract.

4. Barrett files a suit against City Moving Service for breach of contract, based on what Barrett claims was City Moving’s offer. For a court to determine if a contract has been breached, under the common law, the offer must include terms that are

?a. ?exactly precise.

?b. ?reasonably definite.

?c. ?unequivocally approximate.

?d. ?vague or uncertain.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92544301

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