4

Carlill v Carbolic Smoke Ball Co. [1893] laid down the rule that an offer:

A.Cannot be made to a family member.

B.Must be made to a specified person.

C.Can be made to the entire world

D.Can be made to a single group of persons specifically identified in the offer.

E.Can be made only to persons who are not minors.

5

Fisher v Bell and Pharmaceutical Society of Great Britain v Boots Cash Chemist identified that the courts will generally consider goods advertised in a shop window or those with a price tag attached to constitute:

A.a perceived intention of the seller to be legally bound

B.An offer always.

C.No legal significance.

D.An invitation to treat.

E.The formation of a contract.

6

Where offer and acceptance take place through written communication rather than face to face negotiations, there exist the possibility that such communication may be lost, undelivered, or delayed. The general rule established with the post is that acceptance is valid:

A.When the letter of acceptance is received by the offeror.

B.When the letter of acceptance has been written.

C.When the letter of acceptance is opened and its contents are brought to the attention of the offeree.

D.When the letter of acceptance has been correctly addressed, its postage paid, and posted.

7

Sources of International Business Law includes:

A.CISG, law merchant and maritime law, and Standards adumbrated by reputable international organizations.

B.Law merchants and maritime law, and CISG.

C.CISG and standards adumbrated by reputable international organizations.

D.Standards adumbrated by reputable international organizations and law merchant and maritime law.