Cleo Offers to Sell Her Jack Russell Terrier Puppy to Bridie

question 50

Multiple Choice

Cleo offers to sell her Jack Russell terrier puppy to Bridie for $500 and agrees to keep the offer open until the following Tuesday.The next day she sells the puppy to Tess for $600.In which of the following circumstances will Cleo's actions amount to a breach of contract?

• A)Bridie's housemate witnessed Cleo's offer to Bridie and recorded the conversation.
• B)Cleo wrote down the promise on a post-it note and gave it to Bridie.
• C)Bridie is a close personal friend of Cleo and she lost the opportunity to purchase a puppy from another breeder because she relied on Cleo's promise.
• D)Bridie paid Cleo $50 in return for her agreement to keep the offer open.

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Definitions:

Dependent Trials

Experiments or trials in which the outcome or result of one affects the outcome or result of another.

Discrete Probability

The probability of occurrence of outcomes in a dataset that consists of distinct, separate values.

Required Condition

A necessary state or circumstance that must be met for something to occur or be considered true.

Probability Function

A function that associates a probability with each outcome in the sample space of a stochastic experiment.