Sally Owns a Very Expensive Fur Coat Which Mary Would

question 41

Multiple Choice

Sally owns a very expensive fur coat which Mary would like to buy.During the course of conversation,Mary asks how much Sally would take for the coat.Sally replies,"I am not sure I want to sell the coat,but I think it is worth about $3,000." Mary says,"That is a little more than I wanted to spend." Several days later,Mary calls Sally on the telephone and says,"I'll bring over the $3,000 today." Sally refuses to sell the coat,and Mary sues.What is the likely outcome?

• A) Mary wins because a valid contract was created.
• B) Sally wins because there was never any offer for Mary to accept.
• C) Sally wins because when Mary said $3,000 was too much to pay, Mary rejected the offer.
• D) Sally wins because Mary did not accept the offer in a reasonable manner.
• E) Mary wins only if she can show she subjectively thought Mary was serious.

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Definitions:

Ontology

A branch of metaphysics dealing with the nature of being.

World View

The fundamental cognitive orientation of an individual or society encompassing natural philosophy, fundamental existential and normative postulates, or themes, values, emotions, and ethics.

Theology

The study of the nature of the divine, religious beliefs, and the practice of religious faith, often involving analysis of religious texts and traditions.

Content Bias

A type of bias in tests or assessments where the content unfairly advantages or disadvantages certain groups of people, leading to distorted outcomes.