
Business Environment
Quiz
•
Business
•
Professional Development
•
Practice Problem
•
Medium
R K
Used 1+ times
FREE Resource
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Contracts are agreement between two parties
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Person making the offer can not revoke the offer
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Acceptance must be conditional
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consideration must by law be sufficient
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Contract is a legally binding agreement which is enforceable in a court of law
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Party making the offer is called
Offeror
Offeree
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Once an offer has been terminated , it cannot be accepted
True
False
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An invitation to treat is a kind of offer
True
False
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