Law Ch 6 test

Law Ch 6 test

Assessment

Flashcard

Business

12th Grade

Hard

Created by

Wayground Content

FREE Resource

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23 questions

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1.

FLASHCARD QUESTION

Front

Contracts are the agreements between two or more parties that create obligations. True or False?

Back

True

2.

FLASHCARD QUESTION

Front

All serious agreements are contracts

Back

false

3.

FLASHCARD QUESTION

Front

If you make an offer jokingly, but a reasonable person would interpret your conduct otherwise, you have made an offer

Back

true

4.

FLASHCARD QUESTION

Front

When the offeror communicates an offer to contract, the offeree is not required to accept it, but he or she may choose to do so

Back

true

5.

FLASHCARD QUESTION

Front

Consideration is the legal ability to contract

Back

false

6.

FLASHCARD QUESTION

Front

Advertisements are considered invitations rather than offers

Back

true

7.

FLASHCARD QUESTION

Front

Every offer, when properly made, is always ended either by acceptance or rejection by the offeree

Back

false

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