Podcast
Questions and Answers
What is the necessary element in a contract that involves the communication of an offer?
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?
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?
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?
What happens if the offeree makes an inquiry?
What is the consequence of a counter-offer?
What is the consequence of a counter-offer?
What can terminate an offer before acceptance?
What can terminate an offer before acceptance?
What is the case that established the principle of effective communication of an offer?
What is the case that established the principle of effective communication of an offer?
What is the consequence of a cross-offer on the original offer?
What is the consequence of a cross-offer on the original offer?
What is the effect of a counter-offer on the original offer?
What is the effect of a counter-offer on the original offer?
What happens if the offeree takes no action in response to an offer?
What happens if the offeree takes no action in response to an offer?
In what situation can an offer be terminated before acceptance?
In what situation can an offer be terminated before acceptance?
What is the effect of an inquiry on an offer?
What is the effect of an inquiry on an offer?
What happens when the offeree rejects an offer?
What happens when the offeree rejects an offer?
In which case was the principle of effective communication of an offer established?
In which case was the principle of effective communication of an offer established?
