Offeror says, “I will sell you my dog for $100. You have a week to decide.” Two days later she tells the offeree, “I’ve changed my mind. I’m keeping the dog.” This last statement is:

If the object of an offer becomes illegal after the offer was made, but before it is accepted, the offer remains valid because it was legal when made.

Offers for both bilateral and unilateral contracts involve a promise by the offeror.

Jean had just received a promotion and substantial raise. Jean felt her raise would give her much more spending money, thus she planned to buy a new sports car. Jean felt she did not need to worry about receiving the best price for her old car, which she thought was worth about $3,000. She sold the car for $500. In fact, the car was worth $5,000, and Jean had not taken into account the additional taxes on her extra income. Jean also decided that for a single mother a sports car would not be very practical. Jean wanted to return the $500 to the purchaser and get her car back. Assuming that Jean will return the $500 to the buyer, Jean can:

Seasonal Selections, Inc. enters into a contract with Arthur’s Tree Farm to purchase all of the balsam fir tree boughs that it will need to make Christmas wreaths for the Christmas season. This contract is:

John offered to sell Jane his 1959 Thunderbird automobile. Before Jane could accept the offer, lightning struck the car, and it was totally destroyed. Which of the following is true?

Mary promises to give her car to her friend. The friend sells his current car for a fairly low price because he is expecting to get a nearly new car from his rich and generous friend, Mary. Mary changes her mind and decides to keep the car. If the friend sues Mary, the court most likely will:

When a seller promises to sell to a buyer all of an item that it produces, this results in:

An agreement to settle an earlier contract that was in dispute is:

Mary is a bartender at a local pub. The state in which Mary works requires all bartenders to be licensed. No special education or experience is required, but one must pay $25 per year for the license. Mary was not aware of this, so she did not obtain a license. When her boss found out about this, he refused to pay Mary for the two weeks of work that she had done. Mary sues. What results?