Hensley and Boyer Have Been Negotiating for Several Months Over

question 2

Multiple Choice

Hensley and Boyer have been negotiating for several months over issues related to the purchase and sale of some real estate.They draft a letter of intent which:

• A) protects both parties by ensuring the other side is serious and creates a binding agreement on the issues on which the parties have agreed thus far.
• B) may or may not be an offer, depending on the exact language and whether the document indicates that the parties have reached an agreement.
• C) has no legal effect, but provides a record for the parties as to where the negotiations stand.
• D) courts will consider to be a valid offer which the other party must accept if offered in good faith.

---

Definitions:

Terrestrial

Pertaining to the Earth or its land, as opposed to aquatic or aerial environments.

Marine

Related to the sea or ocean, describing organisms that live in saltwater environments, or activities and phenomena related to the sea.

Cnidarians

Cnidarians are a phylum of aquatic invertebrates known for their distinctive body structure characterized by a jelly-like middle layer and specialized cells called cnidocytes for capturing prey.

Ctenophores

Ctenophores, also known as comb jellies, are marine invertebrates characterized by their eight rows of ciliary plates used for swimming.