165 Lect 5 - pre-review

Which of the following is a valid acceptance of an offer?

• Silence from the offeree

• A counter-offer by the offeree

• An unequivocal agreement to the terms of the offer

• A request for more information about the offer

When does acceptance of an offer become effective? 

• When the offeree decides to accept the offer

• When the acceptance is communicated to the offeror

• When the offeree writes the acceptance letter

• When the offeror receives the acceptance letter

Which of the following statements about acceptance in contract law is TRUE?

• Acceptance must exactly match the terms of the offer and be communicated to the offeror

• An offer can be accepted through silence if the offeree does not reject it within a reasonable time

• A counteroffer constitutes an acceptance of the original offer

• Acceptance is valid even if it is communicated after the offer has been revoked by the offeror

Which of the following scenarios constitutes acceptance of an offer?

• The offeree asks for additional time to consider the offer

• The offeree posts a letter agreeing to the offer's terms

• The offeree makes a counter-offer with different terms

• The offeree remains silent after receiving the offer

Which of the following scenarios does NOT constitute acceptance of an offer? 

• The offeree sends a letter of acceptance by mail

• The offeree verbally agrees to the offer in a phone call

• The offeree signs the contract and sends it back to the offeror

• The offeree makes changes to the terms of the offer and then signs it

Which of the following statements best describes the intention to create legal relationships in contract law? 

• It is assumed in all social and domestic agreements

• It is never assumed in commercial agreements

• It is a necessary element for a contract to be legally binding

• It is irrelevant to the formation of a contract

In which of the following scenarios is there typically an intention to create legal relationships?

• A promise between friends to meet for lunch

• An agreement between a parent and child for weekly allowance

• A shop verbally agrees to supply a company with office supplies for a year, documented in an email

• A casual promise made at a social gathering

Which of the following is NOT a factor in determining the intention to create legal relationships? 

• The relationship between the parties

• The formality of the agreement

• The presence of consideration

• The subjective belief of one party

What does the term "intention to create legal relationships" refer to in contract law? 

• The desire to enter into a social agreement

• The willingness to negotiate terms

• The parties' intention to be legally bound by the agreement

• The intention to form a verbal agreement