Typically, revocations and rejections are good upon dispatch, and acceptances are good upon receipt.Group of answer choicesTrueFalse

Revocation of an offer is not good until receipt.Group of answer choicesTrueFalse

Which of the following is true?Group of answer choicesAn offer that is silent about its duration, never expiresAn offer that is silent about its duration always expires in 3 days.None of these are trueAn unaccepted offer may not be revoked unless the offeree agrees to the revocation

Which of the following is true? Group of answer choicesunder the modern trend and the UCC, when an “acceptance" contains only very minor variations from the offer, the acceptance is valid. if an offer says that the offeree "may respond by mail," a mailed acceptance is good upon receiptwhen an offeree's form acceptance to a form offer for the sale of goods contains different items from those in the offer, the acceptance is never enforceableif a mailed offer says nothing about how to accept, only a mailed acceptance is good

This question is based on the following fact pattern . . .10/1/03 Marge mails Lisa an offer to sell her a car for $25,00010/5/03 at 10 am, Marge sends Lisa a letter by certified mail and attempts to revoke her offer of 10/110/5/03 at 10:30 am, Lisa mails her acceptance of Marge's 10/1 offer10/5/03. at 11 am, Lisa receives Marge's 10/5 revocation10/5/03 at 11:30 am, Marge receives Lisa's acceptanceQuestion:Under the UCC, there is a contract since Lisa's acceptance is reasonable and therefore good upon dispatch.Group of answer choicesTrueFalse

D made an offer to B for the purchase of his car. B accepted the offer on 1st May 2023. The acceptance reached D on 4th May 2023. On 3rd May, B revoked his acceptance in electronic form by the form of an email. Now D is not willing to accept the revocation as the same was made in electronic form. Decide whether the revocation is valid?a)  The revocation is invalid in the given case.b)  The revocation is invalid in the given case as the acceptance has not reached D yet.c)  The revocation is valid in the given case.d)  Both (a) and (b)