If the object of an offer becomes illegal after the offer was made, but before it is accepted, the
offer remains valid because it was legal when made.
Indicate whether the statement is true or false
FALSE
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Consider the overall effects on Global Cleaning Service from selling and performing services on account for $6,400 and paying expenses totaling $2,500. What is Global Cleaning Services net income or net loss?
a. Net income of $3,900 b. Net loss of $3,900 c. Net income of $6,400 d. Net income of $8,900
Shaffer's Ltd. leases a clothing store from Haimish Holdings Ltd. By the terms of the lease the landlord is to make repairs. The roof leaks but Haimish refuses to fix it. Which of the following can Shaffer's do?
A) withhold the rent until the landlord fixes the roof B) have the roof fixed and deduct the cost from the next rent, but it must pay the balance C) bring a court action to have the landlord do the repairs D) immediately terminate the lease E) none of the above