Offer and Acceptace Quiz

What is the definition of an offer in contract law?

• When one person signifies willingness to do something with a view to obtaining assent

• A response to an offer in which the terms are changed

• Inviting the other party to make an offer

• An invitation to negotiate

Which case established that a counter offer supersedes and destroys the original offer?

• Carlill vs Carbolic Smoke Ball

• Hyde vs Wrench

• Wrench vs Hyde

• Carlil vs Carbolic Smoke Ball

What is the concept of Invitation to Treat in contract law?

• An invitation to negotiate

• A binding contract

• An acceptance of an offer

• A response to a counter offer

In the case of Hyde vs Wrench, why was there no binding contract?

• Hyde's acceptance was not absolute and unqualified

• Hyde refused to accept Wrench's offer

• Wrench accepted Hyde's counter offer

• Wrench refused to sell the farm

What happens when a counter offer is made in a contract negotiation?

• The original offer is terminated

• The original offer becomes more attractive

• The negotiation is finalized

• The contract is immediately binding

Which case involved the sale of a smoke ball as part of a contract dispute?

• Wrench vs Hyde

• Hyde vs Wrench

• Carlill vs Carbolic Smoke Ball

• Offer vs Invitation to Treat

When does acceptance of an offer occur in contract law?

• When the terms of the offer are being discussed

• When the negotiation is ongoing

• When the person to whom the proposal is made signifies assent

• When the person making the offer changes their mind