
Business Law Chapters 6-8
Authored by Ramona Bellew
Business
9th - 12th Grade
Used 17+ times

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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The party who communicates a serious, definite offer.
Offeror
Offeree
Promisor
Promisee
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The party to whom an offer is made.
Offeror
Offeree
Promisor
Promisee
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A proposal by an offeror to do something, provided the offeree does something in return.
Genuine Assent
Contract
Offer
Agreement
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A change the offeree makes to the offeror’s terms.
Counteroffer
Option
Firm Offer
Revocation
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A binding contract in which the offeree gives the offeror something of value in return for a promise to keep the offer open.
Counteroffer
Option
Firm Offer
Revocation
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An offer by a merchant for a sale or purchase of goods that states in a signed writing how long the offer is to stay open.
Firm Offer
Counteroffer
Option
Revocation
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The right to withdraw an offer before it is accepted.
Counteroffer
Option
Firm Offer
Revocation
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