Law - Contract

Tutorial

1) Self- quiz

| |Phrase |True |False |

|1 |An agreement cannot occur unless there is an offer and acceptance of that offer | | |

|2 |An invitation to treat is an invitation to buy a bargain | | |

|3 |Goods on display in a supermarket are being offered for sale | | |

|4 |An acceptance is not valid unless the offeree knows about the offer and has it in mind | | |

|5 |An offer is rejected if the offeree tries to vary the conditions of the offer | | |

|6 |When instantaneous communication is used, a contract is made as soon as the offer is sent | | |

|7 |When parties communicate by fax, acceptance cannot occur until the offeror has read the acceptance | | |

|8 |An offeree who intends to accept an offer can accept through silence | | |

|9 |A revocation is not valid unless it is received by the offeree | | |

|10 |Under the postal rule an offer is accepted when an acceptance is posted | | |

|11 |A revocation by post is valid as soon as the letter is posted | | |

|12 |An offer will lapse if it is not accepted within a specified or reasonable period of time | | |

|13 |An offer will lapse if the conditions of the offer are...