Business Law mcqs

UNTIL THE LETTER OF ACCEPTANCE REACHES 1 point THE OFFEROR THE CONTRACT REMAINS O VOID AT OPTION OF OFFERROR O VOID AT OPTION OF OFFEREE O VOID AT THE OPTION OF ACCEPTOR O VOIDABLE AT THE OPTION OF ACCEPTOR FURQAN OFFERED A PURCHASE OF 10 UNITS 1 point OF 10 UNITS OF MACHINERY FROM ASAD BUT BEFORE ASAD COULD ACCEPTS THE OFFER ASAD PASSED AWAY. IS THE LEGAL REPRSENTATIVE OF ASAD BOUND TO ACCEPT OR IGNORE THE OFFER O YES HE MUST O No HE CANNOT O NONE OF THE ABOVETHE OFFEREE IS NOT BOUND BY THE LETTER 1 point OF TILL IT REACHES THE OFFERROR O REVOCATION O ACCEPTANCE O OFFERANCE O ALL OF THE ABOVE A OFFERED TO BUY A BYCYCLE FROM B AND 1 point REQUESTED HIM TO SEND ACCEPTANCE BY THE PERSON WHO BROUGHT THE ORDER . B SENT HIS ACCEPTANCE BY POST. HELD A IS BOUND BY THE ACCEPTANCE O TRUE O FalseSARA AND FATIMA MAKES A CONTRACT OF SALE OF FATIMA'S GOLD JEwELRY. SARA OFFERS A PRICE QUOTE , FATIMA ACCEPTS . BOTH DECIDES A DATE OF PAYMENT AND DELIVERY. AT THE DAY OF DELIVERY FATIMA FINDS OUT THAT HER JEWELRY Is MISSING AND STOLEN. IN THE ABOVE MENTIONED CASE THE CONTRACT WAS __________ O A VALID CONTRACT O VOIDABLE CONTRACT O VOID CONTRACT O VOID AGREEMENT AN AGREEMENT WHICH IS MADE TO HELP THE PERFORMANCE OF ANY WAGERING AGREEMENT IS ALSO INVALID AND ANY AGREEMENT WHICH IS MADE TO HELP THE PERFORMANCE OF AN AGREEMENT IS A COLLATERAL AGREEMENT