Which of the following is not a requirement for an offer to be effective? Select one: 

a. The offeror must have a serious intention to become bound by the offer. 

b. 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. 

c. The offer must be communicated to the offer. 

d. They are all required for an offer to be effective.

 

Which of the following is an offer? 

a. Hedva walks into the Ferrari Dealership and says, “I am going to buy a car.” 

b. Lucy says to Zehmer “I bet you wouldn’t sell this house for $50,000.” 

c. Bruo says, “I will pay $25 for this book.” 

d. "This car isn't worth what you're charging.

 

Which of the following would not be included in a definite offer? 

a. Signatures 

b. Time of performance. 

c. Identification of the subject matter. 

d. Identification of the parties. 

e. The consideration to be paid.

 

In which of the following is intent to make an offer lacking?

a. Expressions of opinion. 

b. Statements of future intent. 

c. Preliminary negotiations. 

d. Advertisements and auctions. 

e. None of these are expressions of intent to make an offer. 

Which of the following will not terminate an offer? 

a. The subject of the contract becomes illegal. 

b. Death f the offeror or offeree. 

c. An Option Contract. 

d. destruction of the subject matter.