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EIBL quiz

Authored by Devin Rice

Social Studies

University

Used 1+ times

EIBL quiz
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A newspaper ad reads as follows:
“Ponies, 1000 euros each."

Is it an offer?

Yes

No

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Can a catalog of products be an offer?

Yes

No

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Under common law when is acceptance if postal mail is being used?

When the acceptance is mailed

When the acceptance is received

A reasonable time after the acceptance is mailed

Mail can't be used anymore for accepting an offer

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Under common law what law where is a contract formed?

Where the buyer signs the contract

Where the offer was sent from

Where the acceptance was received

Where the seller signs the contract

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When is acceptance of an offer complete under the CISG?

When the offeror receives it

When it is communicated to the offeror

When it is signed by the offeror

When it is signed by the offeree

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Where does acceptance take place under the CISG?

At the offeror's location

At the offeree's location

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Under the CISG, a reply to an offer that adds or changes some of the terms can never be an accpetance.

True

False

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