MrBlue Enters into Negotiation with Mr

question 2

True/False

Mr.Blue enters into negotiation with Mr.Green to build a house.Both parties expected a written and signed purchase agreement.After agreeing on the terms,Mr.Green is told by his subcontractors that some of their prices have gone up.Mr.Blue objects and indicates that there was a contract when the parties agreed to the original terms orally.A court will find that no contract existed since the parties expected acceptance to be in written form.

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Definitions:

Distance Scanned

The measure of how far a scanning or detection system can effectively observe or analyze.

Dual Code

A theory suggesting that information is stored in the brain in two distinct forms: visual imagery and verbal symbols.

Paivio’s Hypothesis

A theory that suggests that visual and verbal information are processed differently and along separate channels in the human mind, enhancing memory.

Long-Term Memory

The phase of the memory system that is capable of storing a large amount of information for periods ranging from hours to decades.