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$200

Show me the Money. Sign on the dotted line. I should have read the fine print. Bad boys bad boys. $200. $200. $200. $200. $400. $400. $400. $400. $600. $600. $600. $600. $800. $800. $800. $800. $1000. $1000. $1000. $1000. Show me the Money. Sign on the dotted line.

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$200

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  1. Show me the Money Sign on the dotted line I should have read the fine print Bad boys bad boys $200 $200 $200 $200 $400 $400 $400 $400 $600 $600 $600 $600 $800 $800 $800 $800 $1000 $1000 $1000 $1000

  2. Show me the Money Sign on the dotted line I should have read the fine print Bad boys bad boys $200 $200 $200 $200 $400 $400 $400 $400 $600 $600 $600 $600 $800 $800 $800 $800 $1000 $1000 $1000 $1000

  3. Category 1 $200 • A contract that amounts to nothing and has no legal effect is

  4. Category 1 $400 • If a valid offer is met with acceptance the results is this

  5. Category 1 $600 • Any agreement enforceable by law is this

  6. Category 1 $800 • An offer must be definite, communicated to the offeree and _______.

  7. Category 1 $1000 • An offeree’s payment to an offeror to hold an offer open for an agreed period of time creates a ______ contract

  8. Category 1 $200-Answer • Void

  9. Category 1 $400-Answer • Genuine agreement

  10. Category 1 $600-Answer • Contract

  11. Category 1 $800-Answer • Serious Intent

  12. Category 1 $1000-Answer • option

  13. Category 2 $200 • Requesting a change in terms is the same as making a _____

  14. Category 2 $400 A contract is ____ if it can be cancelled by one of the parties. Daily Double

  15. Category 2 $600 • A _____ contract is stated in words and may be written or oral

  16. Category 2 $800 • A contract is not ____ if the court cannot uphold it because of some rule of law

  17. Category 2 $1000 • The principle that requires that an acceptance not change the terms of an offer is the

  18. Category 2 $200-Answer • Counteroffer

  19. Category 2 $400-Answer • Voidable

  20. Category 2 $600-Answer • Express

  21. Category 2 $800-Answer • Enforceable

  22. Category 2 $1000-Answer • Mirror image rule

  23. Category 3 $200 • People sometimes enter into ____ contracts without exchanging a word

  24. Category 3 $400 • Unqualified willingness to go along with an offer is known as a ______

  25. Category 3 $600 • The offeree’s refusal, or ____ of an offer ends the offer

  26. Category 3 $800 • When the offeree uses the same method of communication as the offeror, the contract exists when the acceptance is_____.

  27. Category 3 $1000 • A ______ contract exists when one person promises to do something if and when the other person performs some act

  28. Category 3 $200-Answer • Implied

  29. Category 3 $400-Answer • Acceptance

  30. Category 3 $600-Answer • rejection

  31. Category 3 $800-Answer • Sent

  32. Category 3 $1000-Answer • Unilateral

  33. Category 4 $200 • ________ is the thing of value promised to the other party in a contract in exchange for something else of value.

  34. Category 4 $400 • A minor doesn’t have the ______ to enter into a contract.

  35. Category 4 $600 • _______ is the taking back of an offer by the offeree which brings the offer to an end.

  36. Category 4 $800 • A contract that contains promises by both parties is a _____ Contract.

  37. Category 4 $1000 • What is the third requirement of making an offer: (1) it must be seriously intended (2) it must be definite and certain, and (3) __________.

  38. Category 4 $200-Answer • Consideration

  39. Category 4 $400-Answer • Capacity

  40. Category 4 $600-Answer • Revocation

  41. Category 4 $800-Answer • Bilateral Contract

  42. Category 4 $1000-Answer • It must be communicated to the offeree

  43. Final Jeopardy • Contracts

  44. Final Jeopardy • Matt saw an advertisement in the TH that read, “Designer Swimsuits for Women Available at $5.00 each to the first 50 people to arrive at Menards at 8:00 am tomorrow.” Although he was the first person to arrive at Menards the next day, the sales person refused to sell him the swimsuit, stating that they were for women only. Matt claimed that Menards had to sell him the swimsuit because the advertisement was an offer, which he accepted. Is Matt correct? You have 1 minute to consult…

  45. Final Jeopardy • Matt saw an advertisement in the TH that read, “Designer Swimsuits for Women Available at $5.00 each to the first 50 people to arrive at Menards at 8:00 am tomorrow.” Although he was the first person to arrive at Menards the next day, the sales person refused to sell him the swimsuit, stating that they were for women only. Matt claimed that Menards had to sell him the swimsuit because the advertisement was an offer, which he accepted. Is Matt correct? You have 30 seconds to consult…

  46. Final Jeopardy • Matt saw an advertisement in the TH that read, “Designer Swimsuits for Women Available at $5.00 each to the first 50 people to arrive at Menards at 8:00 am tomorrow.” Although he was the first person to arrive at Menards the next day, the sales person refused to sell him the swimsuit, stating that they were for women only. Matt claimed that Menards had to sell him the swimsuit because the advertisement was an offer, which he accepted. Is Matt correct? You have 15 seconds to consult…

  47. Final Jeopardy • Matt saw an advertisement in the TH that read, “Designer Swimsuits for Women Available at $5.00 each to the first 50 people to arrive at Menards at 8:00 am tomorrow.” Although he was the first person to arrive at Menards the next day, the sales person refused to sell him the swimsuit, stating that they were for women only. Matt claimed that Menards had to sell him the swimsuit because the advertisement was an offer, which he accepted. Is Matt correct? Time Is Up

  48. Final Jeopardy - Answer Yes, advertisements that contain very particular promises may be considered offers.

  49. Jeopardy • Thank you for playing another fine round of America’s favorite question and answer game.

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