Matching
Matching:
Premises:
Withdrawal of an offer by the offeror.
A communication by the offeror to the offeree of an intent to be bound to a contract.
Response by the offeree to the offeror of an intent to be bound to a contract.
An invitation to negotiate.
An offer communicated in the mail to the offeree when the acceptance is effective upon receipt.
Consideration paid for an irrevocable offer.
Sets limitations on an acceptance.
An offer and acceptance must be exact.
A new offer.
Offeree's nonacceptance of an offer.
Responses:
offer
acceptance
mailbox rule
counteroffer
mirror image rule
stipulation
rejection
option contract
revocation
solicitation
Correct Answer:
Premises:
Responses:
Withdrawal of an offer by the offeror.
A communication by the offeror to the offeree of an intent to be bound to a contract.
Response by the offeree to the offeror of an intent to be bound to a contract.
An invitation to negotiate.
An offer communicated in the mail to the offeree when the acceptance is effective upon receipt.
Consideration paid for an irrevocable offer.
Sets limitations on an acceptance.
An offer and acceptance must be exact.
A new offer.
Offeree's nonacceptance of an offer.
Premises:
Withdrawal of an offer by the offeror.
A communication by the offeror to the offeree of an intent to be bound to a contract.
Response by the offeree to the offeror of an intent to be bound to a contract.
An invitation to negotiate.
An offer communicated in the mail to the offeree when the acceptance is effective upon receipt.
Consideration paid for an irrevocable offer.
Sets limitations on an acceptance.
An offer and acceptance must be exact.
A new offer.
Offeree's nonacceptance of an offer.
Responses:
Related Questions
Q11: An offer can be terminated by the
Q12: An acceptance cannot be terminated if an
Q13: The terms of an offer must always
Q14: An acceptance is the response by the
Q15: An offer must always be which of
Q16: Death of the offeror terminates the offer.
Q17: An option contract creates a(n)
A)irrevocable offer.
B)contract.
C)proposal.
D)none of
Q18: An acceptance can only be communicated in
Q19: To be definite, an offer must include,
Q20: An offeror communicates which of the following?
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