In the Catamount Slate Products, Inc

question 94

Multiple Choice

In the Catamount Slate Products, Inc.v.Sheldon case, the court found that:

• A)the moment of contract formation is to be determined by the intent of the parties, which is a question of law.
• B)the intent of the parties to be bound to a contract is determined by an objective standard of what a reasonable person would have believed based on the words and conduct of the parties.
• C)the intent of the parties to be bound to a contract is determined by a subjective standard of what the parties actually believed.
• D)an oral agreement reached at mediation cannot constitute a binding, enforceable settlement agreement.

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