5. What is the type of online acceptance is this situation: the buyer, completing an online transaction, is required to indicate assent to be bound by the terms of the offer by clicking on a box that says,e.g., "I agree."

	a	click-on agreement
	b	shrink-wrap agreement
	c	browse-wrap agreement
	d	E-SIGN Act

4. Under what equitable doctrine (equity, not strict law) can a person still obtain some measure of recovery, if she or he has reasonably and substantially relied on the promise of another? The promise is binding, even if there is no consideration, if injustice can be avoided only by enforcement of the promise.

	a	illusory promise
	b	promissory estoppel
	c	executory contract
	d	pre-existing duty

3. What is notone of the two elements (or sub-elements) of consideration?

	a	something of legally sufficient value must be given in exchange for the promise
	b	there must be authorized means of communication
	c	there must be bargained-for exchange
	d	there is a promise to do something that one has no prior legal duty to do

2. What isnotof the three elements necessary for an effective offer?

	a	an obligation imposed by law to prevent the unjust enrichment of one party
	b	a serious, objective intention by the offeror
	c	the terms of the offer must be reasonably certain, or definite, so that the parties and the court can ascertain the terms of the contract
	d	the offer must be communicated to the offeree

1. What isnot one of the 4 basic elements necessary to the formation of a valid contract?

	a	agreement--offer and acceptance
	b	legality
	c	contractual capacity
	d	consideration
	e	a written document signed by all the parties