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13 Questions

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Contract Law: Offer and Acceptance Quiz

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Questions and Answers

What is the term used when a person signifies their assent to a proposal?

Proposal

Promise (correct)

Agreement

Contract

What is a specific offer in the context of contract law?

By A to B

By a father to his only son for sale of his factory to him (correct)

By a father of a girl, to the father of the only son for her marriage

None of the above

What is the term for the person making the proposal in contract law?

Promisor (correct)

Acceptor

Promisee

Assignor

How can a proposal be accepted in contract law?

All of the above Signup and view all the answers

What do reciprocal contracts refer to in contract law?

Bilateral Contracts Signup and view all the answers

If the proposer prescribes the mode and manner of acceptance, how should the acceptance be made?

Should be in the manner and mode prescribed Signup and view all the answers

Which of the following is a type of offer?

A promise Signup and view all the answers

When can a proposal not be revoked?

By an act involving moral turpitude of the proposer, whether related to the proposal or otherwise Signup and view all the answers

What are goods displayed in a shop with a price tag considered as?

Invitation to offer Signup and view all the answers

Which of the following is a necessary condition for a valid offer?

Intention to create legal relation Signup and view all the answers

In the given scenario, what is B's action considered as?

Invalid acceptance Signup and view all the answers

... is expression of initial intention.

Invitation to offer Signup and view all the answers

... is expression of final willingness to perform a promise.

Acceptance Signup and view all the answers