Test 1

Test 1

University

20 Qs

quiz-placeholder

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Test 1

Test 1

Assessment

Quiz

Other

University

Hard

Created by

T Nzima

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Themba approaches Nomsa and sells his iPhone to her for a 'very low price'. Themba can be qualified as:

The offeror

The offeree

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Can all contracts be deemed as reciprocal ?

Yes,they can

No, not all of them

I am not sure

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

One of the spheres of parliament is the:

Presidential office

National Council of Provinces

Court Structure

General Assembly

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Amaya loses her laptop at the student center and places a notice for everyone to see that she will pay R1500 to who ever finds her laptop or gives information about the thief.

This is an invitation to do business

Amaya is the offeree

Amaya has made an offer to whoever has information.

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When will a contract come into being ?

When the offeror and the offeree agree on the purchase price and other vital pieces if information

When the offeror receives information about the offeree's acceptance of the offer

When the offeree makes a counter offer

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Nomsa and Lihle are roomates. Lihle is always complimenting Nomsa's blouse on how beautifully made it is. Nomsa tells Lihle that if she pays her R500 she will give her the blouse. Lihle suggests that R300 is a more reasonable charge. Nomsa agrees to receive R300 for the blouse, Lihle therefore is the:

Offeror

Offeree

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Dove places an advertisement on tv and tells viewers that if they use their soap for 30days and do not see any improvements in their skin texture they should demand their money back. This qualifies as:

An offer for a reward

A mere advertisement

An invitation to do business

An advertisement that constitutes an offer

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