Multiple Choice
Which of the following is true of a binding contract?
A) It allows an offer to be revoked once the contract is formed.
B) It is created when an offeree makes a proposal to the offeror.
C) It is considered valid when the offer made is indefinite in nature.
D) It is created when the offeree clearly shows an intention to accept the offer.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Advertisements and catalogs are examples of general
Q7: Silence constitutes acceptance to an offer if
Q7: If a merchant displays a coat at
Q8: The offeree may make an inquiry about
Q9: Which of the following is a requirement
Q10: An offeree's response that rejects an offer
Q13: When an offeree is not aware of
Q15: Maya, an elderly lady, wanted to sell
Q16: Which of the following is true of
Q18: A firm offer can be best defined