Formation and gap-filling under Article 2 — MCQs

Using only the supplied client file and legal resources, prepare an advisory letter to the client assessing whether the client can compel the seller to complete the land sale. Explain the writing requirement, the financing condition, available remedies, litigation risks, and the most appropriate immediate next step.

A building contractor asked a steel supplier for a price on 100 standard steel beams needed for a project. The supplier, a merchant in steel products, sent a signed email stating, “We offer 100 beams at $900 each and will hold this offer open for 5 months.” The contractor gave no consideration for that assurance. Relying on the quoted price, the contractor submitted a project bid that same afternoon but did not notify the supplier of the bid. Ten days later, before the contractor accepted, the supplier emailed a revocation because steel prices had increased. The contractor received the revocation immediately and attempted to accept the original offer the next day. Which of the following is the contractor's strongest argument that a contract was formed?

Using only the supplied file and legal resources, prepare a confidential negotiation memorandum for the supervising attorney and client. Evaluate whether BrightLeaf could assign royalty-payment rights or delegate editing and marketing duties to PageTurn Media, whether Ortiz must accept PageTurn's performance, and whether BrightLeaf's communications amount to repudiation. Recommend negotiation objectives, concessions, information requests, and protective terms that preserve the book's launch while addressing Ortiz's financial and performance concerns.

Using only the supplied file and legal resources, draft a persuasive settlement letter to counsel for Metro Packaging concerning FreshField Foods' purchase of 10,000 glass jars. State FreshField's supportable damages demand, explain which claimed losses are recoverable or vulnerable, address Metro's arguments about the limitation clause, foreseeability, certainty, and mitigation, and propose a commercially reasonable settlement structure. Do not threaten unsupported remedies or rely on outside law. The client wants prompt reimbursement while preserving the supplier relationship if adequate quality controls are adopted. Include a concise factual introduction, legal analysis, quantified demand, response to counterarguments, and a practical proposal for payment and future performance.

On March 1, a machine manufacturer sent a signed email to a retailer offering to sell 20 standard generators for $8,000 each. The email stated, "This offer will remain open through April 15." Both parties regularly deal in generators. The retailer gave no consideration for the promise to keep the offer open. On March 20, the manufacturer emailed, "Market prices have increased, so I withdraw my offer." The retailer received that message immediately. On March 25, the retailer emailed an unconditional acceptance of the March 1 terms. The manufacturer refused to deliver, asserting that the offer had been revoked. The retailer asks whether an enforceable contract was formed. Which of the following is the most appropriate advice?

A collector signed a written offer promising to sell a rare watch to a buyer for $18,000. The writing stated, "I will keep this offer open until Friday at 5:00 p.m." The buyer gave no consideration for that promise. On Thursday morning, a reliable mutual acquaintance told the buyer that the collector had sold the watch to another person. The collector had not directly communicated with the buyer. On Thursday afternoon, the buyer emailed an acceptance, which the collector received immediately. The transaction is a sale of goods, but the collector is not a merchant in watches. Which of the following best states whether a contract was formed?