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WorksheetsContract Law Review
Total questions: 17
Worksheet time: 12mins
Which of the following is required for an offer
Must be made as a joke
Offer can be missing details
Intent must be present
No communication is necessary
Jests are better known as
(a)
True/False: Statements made with strong emotion do not create an enforceable offer
True
False
Unilateral contracts typically require this as acceptance:
pay
performance
tax breaks
exchange of goods
Agreeing to go to a movie with a friend and then bailing is a not a violation of a contract. Instead, this would purely be a
Jest
Preliminary Negotiation
Social agreement
This type of contract exists when both parties have a promise to perform
(a)
True/False: All agreements must be in writing to be enforceable in court
True
False
All essential terms of an offer must be _________ and __________.
(a)
The offeror may (a) an offer before it is accepted offeree.
True/False: If the offer refers to unique subject matter and the subject matter is destroyed, the offer is terminated.
True
False
This occurs when an offeree changes the offeror's terms
(a)
What are the two ways offers can be kept open?
Counteroffers and non capacity
Revocation and timely endings
Options and firm offers
Preliminary negotiations and jests
The UCC stands for
(a)
A firm offer is valid for no more than
One year
Sixth months
Three months
4 weeks
Which of the following does not describe an event that will terminate an offer
Revocation
Purchasing an option
Counteroffers
Death of the offeror/offeree
If an offeree clearly rejects the offer, the offer is termed
Suspended
Revoked
Expired
Terminated
This requires that the acceptance must exactly match the terms contained in the offer
(a)
