Management and Organizational Studies 2275A/B Study Guide - Quiz Guide: False Imprisonment, Punitive Damages, Malicious Prosecution

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Philip King

Document Summary

Cathy mailed an offer to doug on may 1. Cathy mailed a revocation of her offer to doug on may 4. Doug mailed his acceptance of cathy"s offer on may 5. 1. 0 points: doug and cathy have a contract on may 3, doug and cathy have a contract on may 5, doug and cathy have a contract on may 7, doug and cathy do not have a contract. Jack agreed with his wife that jack would drive their two kids to school each day if his wife would pick them up from school. Why is there no contract created in this situation: 1. 0 points: there is no consensus, there is no consideration, there is no intention to be legally bound, there is illegality, there is no capacity. True or false: in order for a contract to be legally binding, it must be signed by both parties to the contract.