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Alvin advertises on Craig's List to sell his used lawnmower for $60. Roy tested the lawnmower and then offered Alvin $50 for it. In this case


A) the two parties have created a legally enforceable contract.
B) Roy's offer represents an acceptance of the original terms.
C) there is no agreement and no contract.
D) there is no agreement, but there is a valid contract.

E) A) and D)
F) All of the above

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When the airline industry was deregulated, consumers benefited because airlines established new routes and charged lower fares.

A) True
B) False

Correct Answer

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