PrepTest 80, Section 3, Question 24
A contract between two parties is valid only if one party accepts a legitimate offer from the other; an offer is not legitimate if someone in the position of the party to whom it was made would reasonably believe the offer to be made in jest.
A contract between two parties is valid only if one party accepts a legitimate offer from the other; an offer is not legitimate if someone in the position of the party to whom it was made would reasonably believe the offer to be made in jest.
A contract between two parties is valid only if one party accepts a legitimate offer from the other; an offer is not legitimate if someone in the position of the party to whom it was made would reasonably believe the offer to be made in jest.
A contract between two parties is valid only if one party accepts a legitimate offer from the other; an offer is not legitimate if someone in the position of the party to whom it was made would reasonably believe the offer to be made in jest.
The principle stated above, if valid, most helps to justify the reasoning in which one of the following arguments?
Joe made a legitimate offer to buy Sandy's car and Sandy has not rejected the offer. Thus, there was a valid contract.
Kenta accepted Gus's offer to buy a shipment of goods, but Gus, unknown to Kenta, made the offer in jest. Thus, the contract was not valid.
Frank's offer to buy Mindy's business from her was legitimate. Thus, if Mindy is a reasonable person, she will accept the offer.
Hai's offer to sell artworks to Lea was made in such a way that no one in Lea's position would have reasonably believed it to be made in jest. Thus, if Lea accepts the offer, they have a valid contract.
The only offer that Sal made to Veronica was not a legitimate one. Thus, regardless of whether Sal made the offer in jest, there is no valid contract between them.
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