Actual contract that covers subject matter in controversy

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Reference no: EM132108140

TRUE/FALSE

1. Marta settles her auto accident lawsuit against Don, but discovers six months after the settlement that her back problems have returned. Marta can rescind the settlement agreement, due to the discovery of the return of the back problems.

2. The doctrine of quasi-contract can apply only if there is no actual contract that covers the subject matter in controversy.

3. A company's price lists or advertisements are not "serious intent offers," but are instead generally viewed by courts as "invitations to negotiate."

4. The mirror image rule generally permits the offeree’s acceptance of a non-commercial contract (a commercial contract is one for the sale of goods) to contain different terms from the offeror’s offer; the rule also allows some terms to still be negotiated after the parties have entered into the non-commercial contract.

Reference no: EM132108140

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