Termination of Offers Quiz

What does 'Revocation' mean in the context of offer termination?

• An offer is withdrawn by the offerer

• An offer is rejected by the offeree

• An offer lapses due to time

• An offer is accepted by the offeree

In which case was it established that an offer can be revoked at any time before acceptance?

• Routledge v Grant

• Dickinson v Dodds

• Payne v Cave

• Byrne v Van Tienhoven

What happens when an offeree makes a counter-offer?

• The original offer is terminated

• The original offer is modified

• The original offer is accepted

• The original offer remains open

According to Ramsgate Victoria Hotel v Montefiore, when does an offer lapse?

• When the offeror dies

• When the offeree rejects the offer

• When the specified time limit expires

• When the offer is accepted

What is a 'Conditional Offer'?

• An offer that can be accepted after the condition occurs

• An offer that terminates on the occurrence of some condition

• An offer that is always open

• An offer that is accepted by silence

What is the effect of the death of the offeror on an offer?

• The offer is terminated

• The offer can be accepted by the offeree's heirs

• The offer is modified

• The offer remains open

What happens once an offer is accepted by the offeree?

• The offer is modified

• The offer is terminated

• The offer remains open

• The offer is rejected

In Felthouse v Bindley, what did the court state about silence?

• Silence amounts to acceptance

• Silence does not amount to acceptance

• Silence terminates the offer

• Silence modifies the offer

What is the effect of a change in law on an offer?

• The offer remains open

• The offer is terminated

• The offer is modified

• The offer is accepted

In which case was it held that a counter-offer terminates the original offer?

• Stevenson, Jacques v McLean

• Hyde v Wrench

• Financings Ltd v Stimson

• Ramsgate Victoria Hotel v Montefiore