Contracts Law 1: Elements of a Contract

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What is the necessary element in a contract that involves the communication of an offer?

Formalities

Effective communication (correct)

Capacity to contract

Intention to create legal relations

What happens if the offeree rejects the offer?

The offeree destroys the offer (correct)

The offer is terminated

The offer is accepted

The offeree makes an inquiry

What is the result of a cross-offer?

The parties are in agreement

The offer is accepted

The offer is destroyed (correct)

The offer is rejected

What happens if the offeree makes an inquiry?

The offeree is seeking clarification Signup and view all the answers

What is the consequence of a counter-offer?

The offer is destroyed Signup and view all the answers

What can terminate an offer before acceptance?

Death of the offeror Signup and view all the answers

What is the case that established the principle of effective communication of an offer?

R v Clark Signup and view all the answers

What is the consequence of a cross-offer on the original offer?

It terminates the original offer Signup and view all the answers

What is the effect of a counter-offer on the original offer?

It destroys the original offer Signup and view all the answers

What happens if the offeree takes no action in response to an offer?

The offer is presumed to be rejected Signup and view all the answers

In what situation can an offer be terminated before acceptance?

When the offer is revoked before receipt by the offeree Signup and view all the answers

What is the effect of an inquiry on an offer?

It leaves the offer intact Signup and view all the answers

What happens when the offeree rejects an offer?

The offer is terminated Signup and view all the answers

In which case was the principle of effective communication of an offer established?

R v Clark (1807) Signup and view all the answers

Contracts Law 1: Elements of a Contract

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