Business Law Chapter 6
Authored by Ashley Yurchak
Other
10th - 12th Grade
Used 73+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: If a time for an offer to expire is not stated, it will expire in a reasonable time under circumstance
False
True
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An agreement that courts will enforce is known as....
Rules
Contract
Offer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many elements are there to enforce a contract?
3
4
5
6
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person who makes the offer is known as....
Offeree
Offeror
In charge
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person to whom the offer is made is....
Offeror
Offeree
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: For any contract, the parties must agree on something legal otherwise it is not considered a contract
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Both parties MUST receive something of legal value in return as a result of the transaction is known as......
Legality
Consideration
Writing
Genuine Assent
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