Business Law - Offer & Acceptance

Front

The terms of a contract must be accepted by the party to whom it was communicated.

Back

True

Front

An agreement to commit a crime could be considered a legal contract.

Back

False

Front

An arrangement between two friends to attend a concert is not a contract.

Back

True

Front

An offeror must appear to be serious when making an offer.

Back

True

Front

Words spoken in anger are not considered an offer.

Back

True

Front

Preliminary negotiations are considered to be offers.

Back

False

Front

An offer that lacks essential information is legally ineffective.

Back

True

Front

Advertisements are usually considered legal offers.

Back

False

Front

A person who is not the intended offeree can accept the offer.

Back

False

Front

Advertisements that ask the offeree to perform an act as a way of accepting an offer cannot be considered offers.

Back

False