Kelly tells jimmy she will pay him 1000 if he builds a shed


1. Kelly tells Jimmy she will pay him $1,000 if he builds a shed in her backyard. Kelly is a(n)

offeree.

offeror.

promisee.

contractor.

2. When Jeff's car breaks down, he asks Insta-Tow, Inc., to tow it to Huey's Repair Shop. There is no discussion of a price, and Jeff and Insta-Tow do not sign any documents. Later, Insta-Tow sends Jeff a bill. With respect to Jeff's obligation to pay the bill, this is

an express contract.

an implied contract.

an implied-in-law contract.

no contract.

3. Livewire Company and McCoy's Candy, Inc., sign a document that states Livewire agrees to design a Web page for McCoy's, which agrees to pay for the service. This is

an actual contract.

a fictional contract.

an implied contract.

a quasi contract.

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Business Economics: Kelly tells jimmy she will pay him 1000 if he builds a shed
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