Contract Formation and Scope Quiz

Agreement, Promise, Consideration, Unconditional acceptance

Offer, Acceptance, Promise, Unilateral

Agreement, Acceptance, Consideration, Unconditional offer

Offer, Acceptance, Consideration, ITCLR (correct)

Conditional acceptance by the offeree

Acceptance without consideration

Acceptance by multiple parties

Unconditional acceptance by the offeree (correct)

In a bilateral contract, all parties assume an obligation, while in a unilateral contract, a promise is made in return for an act (correct)

In a bilateral contract, a promise is made in return for an act, while in a unilateral contract, all parties assume an obligation

In a bilateral contract, a promise is made without any obligation, while in a unilateral contract, all parties assume obligations

In a bilateral contract, only one party assumes an obligation, while in a unilateral contract, all parties make promises

<p>The agreement must require a process that begins with an offer and ends with unconditional acceptance</p> Signup and view all the answers

<p>Intention to Create Legal Relations</p> Signup and view all the answers