17:59 \'in DI Question 3 5 pts We are working on my rare 1955 Chevy BelAir (wort

Question

17:59 'in DI Question 3 5 pts We are working on my rare 1955 Chevy BelAir (worth around $45,000. US.) I'm having a difficult time adjusting the timing when the timing belt breaks. In anger I state anyone who will tow this piece of junk away can have it. You run and get your tow truck and state: "1 accept, I'm here to take the car." We have a valid contract. O True O False D Question 4 5 pts The terms (Expressed or Implied) of a contract are: Identification of the parties. . Object or subject matter of the contract . Consideration to be paid. . Time of payment, Delivery or Performance O True O False D Question 5 5 pts An offer may be revoked by the offeror at anytime. O True O False 5 pts

Explanation / Answer

Q3. Answer is False Exlanation: The Words spoken ' can anyone tow the junk away' will be considerd as invitation tot offer. It is not a offer and it someone is ready to tow and it will be referred as Offer. Now , to complete the contract the first person must accpet it. Q4. TRUE Q5. False. The offer can be revoked anytime before it is accepted.

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