contract law - offer and acceptance 1

A offers to sell his car to B for £10,000 cash.

At what point time does the contract come

into being?

• A When B accepts the offer

• B When B pays S the £10,000

• C When the agreement is written down

• D When the agreement is signed

Which of the following is NOT an essential element of a valid contract?

• A The contract must be in writing

• B The parties must be in agreement

• C Each party must provide consideration

A offers to sell his car to B for £10,000 cash.

At what point time does the contract come

into being?

• A When B accepts the offer

• B When B pays S the £10,000

• C When the agreement is written down

• D When the agreement is signed

The following advertisement appeared in a farming magazine. ‘Plough for sale. Little used, very good condition £1,000.’ How would this statement be defined at law

• A Advertising puff

• B Offer to sell

• C Invitation to treat

• D Invitation to buy

What is an offer?

• a proposal made by the offeree

• a proposal accepted by the offeror

• a proposal made by the offeror

• a proposal accepted by the offeree