Ch. 22 Contracts - Supplemental Notes Review

Ch. 22 Contracts - Supplemental Notes Review

10th Grade

10 Qs

quiz-placeholder

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Ch. 22 Contracts - Supplemental Notes Review

Ch. 22 Contracts - Supplemental Notes Review

Assessment

Quiz

Social Studies

10th Grade

Hard

Created by

SARA RICHARD

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The party making an offer is called the ____________. The party to whom the offer is made is called the offeree.

offering

proposer

offeror

contractor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n) ____________ is when one party proposes to enter into a contract with another.

acceptance

offer

counteroffer

rejection

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____________ is when a party agrees to an offer.

Rejection

Counteroffer

Acceptance

Revocation

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

There are 2 types of rejection of an offer:

Counteroffer

Express rejection

Acceptance

Implied rejection

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a party does not accept an offer before it expires, then the offer has been _________________.

rejected

revoked

accepted

delayed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the offeree rejects the offer and proposes new terms instead, that is a(n) ______________________.

acceptance

counter-offer

revocation

reduction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An offeror can ________________ an offer anytime before it is accepted.

determine

revoke

undo

rethink

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