Forming a Contract

Forming a Contract

KG - Professional Development

10 Qs

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Forming a Contract

Forming a Contract

Assessment

Quiz

Moral Science, Other

KG - Professional Development

Practice Problem

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Thủy Tiên Nguyễn Nhật

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10 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 5 pts

An offer is a willingness to immediately enter into a ___ with the person to whom the offer is made.

2.

FILL IN THE BLANK QUESTION

1 min • 5 pts

An offer can be made in writing, verbally, or conducted through a ___.

3.

FILL IN THE BLANK QUESTION

1 min • 5 pts

An offer can be accepted, refected, rejected with a new offer (counter-offer), or ___ by the offeror (offeror pulls back his offer).

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A buyer walks into a shopping mall and has the following conversation with the seller:

Buyer: “What is the price for this T-shirt?”

Seller: “$450”

Buyer: “I accept!”

This is a/an:

Offer

Supply of Information

Unilateral offer

Advertisement

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

"I offer to pay $1000 to anyone who finds my lost dog". This is a/an:

Invitation to treat

Unilateral offer

Counter-offer

Request of Information

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

An advertisement on a newspaper states that:

“New Apple iPhone X 32GB for sale, $100. Call 123-456-789 if interested". This is a/an:

Supply of information

Offer

Invitation to treat

Unilateral offer

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

In an auction, the auctioneer says:

"Our last artwork is a contemporary artwork, created by Anna Loaisn. We are setting $200,000 as a start."

This is not an invitation to treat.

True

False

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