2.21 Acceptance

What is the next step after receiving a valid offer in contract law?

• Ignore the offer

• Make a counteroffer

• Accept the offer

• Reject the offer

When does acceptance occur in contract law?

• When the offeree changes the terms of the offer

• When the offeree agrees to the terms of the offer without any material changes

• When the offeree rejects the offer

• When the offeror changes the terms of the offer

What does the phrase 'Subject to Contract' indicate in contract law?

• The parties have reached a consensus

• The parties are legally bound

• The negotiations are not yet finalized

• The negotiations are finalized

In a 'Battle of the Forms' situation, how are conflicting terms resolved?

• By rejecting both forms

• Through legal interpretation

• By enforcing the terms of the offeror's form

• By enforcing the terms of the offeree's form

What is the main rule regarding acceptance in contract law?

• Silence counts as acceptance

• Acceptance must be communicated to the offeror to be effective

• Acceptance can only be through conduct

• Authorized persons cannot accept on behalf of others

What happens if acceptance is made by post according to the postal rule?

• It's valid when signed

• It's valid when acknowledged

• It's valid when posted

• It's valid when received

What is the significance of the phrase 'to be agreed' in contract law?

• The terms are finalized

• The terms are still under negotiation

• The parties are legally bound

• The parties have reached a consensus

In unilateral contracts, how is acceptance typically indicated?

• Through verbal communication

• Through silence

• Through performance of the requested act

• Through rejection of the offer

What is the effect of proposing changes to an offer in contract law?

• It constitutes acceptance

• It invalidates the original offer

• It finalizes the negotiations

• It results in a counter-offer

When is acceptance via email considered valid according to the EU Directive on E-Commerce 2002?

• Upon being sent

• Upon being accessed by the offeror

• Upon being drafted

• Upon being acknowledged