Offer vs Invitation Quiz

What is an offer in contract law?

• A statement showing willingness to negotiate

• A definite promise to be bound on specific terms

• An invitation to make an offer

• A casual conversation about a potential deal

What is an invitation to treat?

• A binding agreement between two parties

• A definite promise to be bound on specific terms

• An invitation to negotiate or make an offer

• A final acceptance of an offer

Which of the following is an example of an invitation to treat?

• A signed contract

• A display of goods in a shop window

• A written offer to sell a car

• An acceptance of an offer

What happens when an offer is accepted?

• It becomes an invitation to treat

• It forms a binding contract

• It remains open for further negotiation

• It is automatically revoked

Which of the following statements is true about an invitation to treat?

• It can be accepted to form a binding contract

• It is a final and definite promise

• It invites others to make offers

• It is legally binding once communicated

In which case is a display of goods considered an offer?

• When the price is negotiable

• When the seller explicitly states it is an offer

• When the goods are in a catalog

• When the goods are in a shop window

Which of the following is NOT an example of an invitation to treat?

• An auctioneer inviting bids

• A menu in a restaurant

• A job advertisement

• A signed offer letter for employment

What distinguishes an offer from an invitation to treat?

• An offer is a request for information

• An offer is a definite promise to be bound

• An invitation to treat is a binding agreement

• An invitation to treat is a final acceptance

What is the effect of a counter-offer on the original offer?

• It keeps the original offer open

• It terminates the original offer

• It converts the original offer into an invitation to treat

• It has no effect on the original offer

What is required for an offer to be legally binding?

• It must be communicated to the offeree

• It must be an invitation to treat

• It must be in writing

• It must be accepted by the offeror