165 Lect 5 - pre-review

165 Lect 5 - pre-review

University

9 Qs

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165 Lect 5 - pre-review

165 Lect 5 - pre-review

Assessment

Quiz

Other

University

Medium

Created by

Dennis Ndonga

Used 1+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is a valid acceptance of an offer?

Silence from the offeree

A counter-offer by the offeree

An unequivocal agreement to the terms of the offer

A request for more information about the offer

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When does acceptance of an offer become effective? 

When the offeree decides to accept the offer

When the acceptance is communicated to the offeror

When the offeree writes the acceptance letter

When the offeror receives the acceptance letter

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following statements about acceptance in contract law is TRUE?

Acceptance must exactly match the terms of the offer and be communicated to the offeror

An offer can be accepted through silence if the offeree does not reject it within a reasonable time

A counteroffer constitutes an acceptance of the original offer

Acceptance is valid even if it is communicated after the offer has been revoked by the offeror

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following scenarios constitutes acceptance of an offer?

The offeree asks for additional time to consider the offer

The offeree posts a letter agreeing to the offer's terms

The offeree makes a counter-offer with different terms

The offeree remains silent after receiving the offer

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following scenarios does NOT constitute acceptance of an offer? 

The offeree sends a letter of acceptance by mail

The offeree verbally agrees to the offer in a phone call

The offeree signs the contract and sends it back to the offeror

The offeree makes changes to the terms of the offer and then signs it

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following statements best describes the intention to create legal relationships in contract law? 

It is assumed in all social and domestic agreements

It is never assumed in commercial agreements

It is a necessary element for a contract to be legally binding

It is irrelevant to the formation of a contract

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In which of the following scenarios is there typically an intention to create legal relationships?

A promise between friends to meet for lunch

An agreement between a parent and child for weekly allowance

A shop verbally agrees to supply a company with office supplies for a year, documented in an email

A casual promise made at a social gathering

8.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is NOT a factor in determining the intention to create legal relationships? 

The relationship between the parties

The formality of the agreement

The presence of consideration

The subjective belief of one party

9.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What does the term "intention to create legal relationships" refer to in contract law? 

The desire to enter into a social agreement

The willingness to negotiate terms

The parties' intention to be legally bound by the agreement

The intention to form a verbal agreement