Question
A mailed revocation of an offer is not effective until received by the offeree. True False Offers may be revoked by word or act prior
- A mailed revocation of an offer is not effective until received by the offeree. True False
- Offers may be revoked by word or act prior to acceptance. True False
- An offeree's acceptance of the offer must be unequivocal (clear and unambiguous). True False
- Generally, an offer may be terminated
A. | any time prior to acceptance | |
B. | after acceptance but before the parties sign | |
C. | unless the offeror promises not to | |
D. | all of the above |
5 The mirror image rule requires
A. | an acceptance to mirror the offer | |
B. | an acceptance to vary the terms of the offer | |
C. | an acceptance to add additional terms to the offer | |
D. | all of the above |
6 Generally, silence as acceptance will be valid
A. | if demanded by the offeror | |
B. | if agreed to by the parties | |
C. | by operation of law | |
D. | none of the above |
7 Which of the following are not offers?
A. | opinion | |
B. | advertisements | |
C. | negotiations | |
D. | all of the above |
8 Offers are terminated by operation of law when
A. | subject of offer is destroyed | |
B. | death or incompetence of offeror or offeree | |
C. | supervening illegality of proposed contract | |
D. | all of the above |
9 Click on agreements are generally
A. | enforceable | |
B. | unenforceable | |
C. | treated as equitable remedies | |
D. | none of the above |
10 Which of the following will act to terminate the offer?
A. | rejection | |
B. | counteroffer | |
C. | lapse of time | |
D. | all of the above |
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