Understanding Offers in Contracts

Fill in the blank: The statement 'Give me five bucks and it's yours' may sound like an offer, but your friend cannot be forced to sell her car for ________.

• five dollars

• ten dollars

• twenty dollars

• fifty dollars

What are most advertisements in newspapers, magazines, and catalogs treated as?

• Offers

• Invitations to negotiate

• Final sales

• Guarantees

Fill in the blank: A man was offered a position with a salary of $2,400 a month plus a 'reasonable' commission on total sales. This offer is not definite and certain because it is difficult to determine what a '_________' commission is.

• high

• reasonable

• low

• fixed

Which of these methods is used to communicate offers?

• E-mail

• Smoke signals

• Social media

• Morse code

Fill in the blank: Offers communicated by ________ are valid.

• Fax machine

• Social media

• Word of mouth

• Morse code

Fill in the blank: Offers may be communicated by ________.

• A) Social media

• B) E-mail

• C) Morse code

• D) Smoke signals

Which of these is NOT a method to communicate an offer?

• E-mail

• Letter

• Social media

• Fax machine

Why couldn't Jean claim the reward?

• She didn't want it

• The offer was not communicated to her

• She lost the wallet

• The owner refused.

What did the owner do when Jean returned the wallet?

• Offered a reward

• Thanked her

• Called the police

• Ignored her

What was the initial offer made by John to Marge and Bill for their home?

• $75,000

• $80,000

• $85,000

• $83,000