
Law Ch 6 test
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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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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