benchmarks.wiki / Public workspace

MMLU / On day 1, Jackson, a merchant, mailed Sands a signed letter that contained an…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

On day 1, Jackson, a merchant, mailed Sands a signed letter that contained an offer to sell Sands 500 electric fans at $10 per fan. The letter was received by Sands on day 3. The letter contained a promise not to revoke the offer but no expiration date. On day 4, Jackson mailed Sands a revocation of the offer to sell the fans. Sands received the revocation on day 6. On day 7, Sands mailed Jackson an acceptance of the offer. Jackson received the acceptance on day 9. Under the Sales Article of the UCC, was a contract formed?

choices

  1. No contract was formed because the offer failed to state an expiration date.
  2. No contract was formed because Sands received the revocation of the offer before Sands accepted the offer
  3. A contract was formed on the day Jackson received Sands’ acceptance
  4. A contract was formed on the day Sands mailed the acceptance to Jackson

subject

professional_accounting

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import