{"id":204566,"date":"2018-09-14T04:43:53","date_gmt":"2018-09-14T04:43:53","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/14\/bus-311-week-2-quiz-new\/"},"modified":"2018-10-24T09:12:07","modified_gmt":"2018-10-24T09:12:07","slug":"bus-311-week-2-quiz-new","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/bus-311-week-2-quiz-new\/","title":{"rendered":"BUS 311 Week 2 Quiz (New)"},"content":{"rendered":"<p>1. \u00a0 \u00a0 \u00a0 \u00a0 Question : \u00a0 \u00a0 \u00a0 \u00a0Katrina is complaining to her landlord about the six-inch long cockroaches in her apartment. The landlord scoffs, saying: &#8220;Cockroaches don&#8217;t get that big! I&#8217;ll pay $10,000 to anyone who can show me a six-inch cockroach.&#8221;\ufffd Will, a bug collector, overhears and promptly presents the landlord with his prize six-inch South American cockroach. The landlord refuses to pay, and Will sues. Which of the following best describes the situation?\t\u00a02. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0Merlin posts his car for sale. Breanna calls and leaves a voicemail, saying, &#8220;Hey, I definitely want to buy your car! I&#8217;ll pick it up tomorrow, okay?&#8221;\ufffd Which of the following best describes the situation?\t\u00a03. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0Delta Inc. offers to sell Omega Corp. a packaging machine. Omega responds &#8220;We&#8217;ll take it but only if there is a six-month warranty.&#8221;\ufffd Which of the following is true?\t\u00a04. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0Seller agrees to supply all the gasoline Buyer needs for the next year at $3.00 per gallon. After three months, the price of gas falls to $2.33 per gallon. Buyer refuses to keep buying from Seller unless Seller lowers the price. Seller agrees. Two months later, the average price for gas goes up to $3.50 per gallon. Seller asks Buyer to agree to a price raise, but Buyer refuses. Which of the following is true?\t\u00a05. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0Daniel offers to sell his Toyota Camry to Jen for $8,000. Jen replies, &#8220;I accept. Make sure you wash and wax the car before you bring it over.&#8221;\ufffd Which best describes the situation?\t\u00a06. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0Consideration is\t\u00a07. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0A simple contract need(s) to\t\u00a08. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0Alpha orders 100 Grade A widgets from Beta. Beta does not have any Grade A widgets in stock, so it ships Alpha 100 Grade B widgets instead. Which of the following is true?\t\u00a09. \u00a0 \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0If an offeree attempts to add different terms in an acceptance, which of the following conflict with what the offeror stated?\t\u00a010. \u00a0 \u00a0 \u00a0Question : \u00a0 \u00a0 \u00a0 \u00a0Peter, an art dealer, offers to sell a painting to Ben, a teacher, for $200. Ben responds, &#8220;I accept. I want it in a red frame, like the one I saw on that other painting at your gallery, so it will match my sofa.&#8221;\ufffd Peter and Ben<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. \u00a0 \u00a0 \u00a0 \u00a0 Question : \u00a0 \u00a0 \u00a0 \u00a0Katrina is complaining to her landlord about the six-inch long cockroaches in her apartment. The landlord scoffs, saying: &#8220;Cockroaches don&#8217;t get that big! I&#8217;ll pay $10,000 to anyone who can <a href=\"https:\/\/www.benedictsol.com\/blogs\/bus-311-week-2-quiz-new\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-204566","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/204566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=204566"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/204566\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=204566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=204566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=204566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}