Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

True or False Question: a. An offer may be made verbally or in writing. b. An offer must be a clear indication that one is

True or False Question:

a.

An offer may be made verbally or in writing.

b.

An offer must be a clear indication that one is prepared to make a contract.

c.

An advertisement can never be an offer.

d.

An invitation to treat is not an offer.

e.

An item on the supermarket shelf with a price tag is an invitation to treat.

f.

If one wishes to make a valid contract, one must never, ever ask for any clarifications about the offer.

g.

A counter offer terminates an earlier offer.

h.

Request for more information about the offer or clarifications of the subject of the offer does not terminate the offer.

i.

A contract to buy a house can, of course, be made verbally, as long as there is a firm handshake on all the essential terms of the contract.

j.

An offeror may withdraw his offer after it has been unconditionally accepted by the offeree.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contract Law

Authors: Roger Halson

2nd Edition

1405858788, 978-1405858786

More Books

Students also viewed these Law questions

Question

List and briefly describe five reasons for the study of history.

Answered: 1 week ago

Question

Define pay ranges. What is the purpose of establishing pay ranges?

Answered: 1 week ago