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Business Law - Offer & Acceptance

Authored by Nancy Pintz

Business

11th - 12th Grade

Used 606+ times

Business Law - Offer & Acceptance
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Words spoken in anger are not considered an offer.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Preliminary negotiations are considered to be offers.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An offer that lacks essential information is legally ineffective.

True

False

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