Podcast
Questions and Answers
What information must catalog marketing agreements provide to consumers?
What information must catalog marketing agreements provide to consumers?
- Supplier's marketing strategies
- Supplier's name, license or registration number, physical address, and refund policy (correct)
- Supplier's social media accounts
- Supplier's phone number and email address
Which of the following is considered an invitation to do business and not a valid offer?
Which of the following is considered an invitation to do business and not a valid offer?
- An offer for a reward
- An auction
- An offer made to a specific person
- An advertisement (correct)
What must determine if a statement constitutes an offer?
What must determine if a statement constitutes an offer?
- The font size of the statement
- The number of words in the statement
- The color scheme used in the advertisement
- The intention behind the statement or the reasonable impression it creates (correct)
Which act prohibits misleading or deceptive advertising of goods and services?
Which act prohibits misleading or deceptive advertising of goods and services?
In the case of Crowley versus Reicks, what did the advertisement for cheap tobacco constitute?
In the case of Crowley versus Reicks, what did the advertisement for cheap tobacco constitute?
According to Smith Jay's observations, what is an advertisement considered?
According to Smith Jay's observations, what is an advertisement considered?
What is a characteristic of void contracts?
What is a characteristic of void contracts?
What must be present for a contract to be valid?
What must be present for a contract to be valid?
What is the result of a voidable contract?
What is the result of a voidable contract?
What is the role of consensus in contract formation?
What is the role of consensus in contract formation?
Which tool helps establish whether consensus has been reached in a contract?
Which tool helps establish whether consensus has been reached in a contract?
In what circumstances can silence signify agreement in contract formation?
In what circumstances can silence signify agreement in contract formation?
What is the term used when a person transfers the right of acceptance to a third party under an option contract?
What is the term used when a person transfers the right of acceptance to a third party under an option contract?
According to the information provided, what was the outcome in the case of Baird versus Somerville and another regarding acceptance?
According to the information provided, what was the outcome in the case of Baird versus Somerville and another regarding acceptance?
Why could the respondent in the case of Blum versus the American Swiss Watch Company not recover the reward offered by the company?
Why could the respondent in the case of Blum versus the American Swiss Watch Company not recover the reward offered by the company?
Which of the following statements about acceptance under an option contract is true?
Which of the following statements about acceptance under an option contract is true?
In the context provided, which of the following is NOT a requirement for a valid acceptance?
In the context provided, which of the following is NOT a requirement for a valid acceptance?
What is necessary for a contract to be formed according to the information provided?
What is necessary for a contract to be formed according to the information provided?
When is an offer considered complete in an auction?
When is an offer considered complete in an auction?
What happens in auctions without reserve?
What happens in auctions without reserve?
How are offers terminated in contract law?
How are offers terminated in contract law?
What distinguishes auctions with reserve from auctions without reserve?
What distinguishes auctions with reserve from auctions without reserve?
Who makes an offer in auctions with reserve?
Who makes an offer in auctions with reserve?
When can an offer in an auction be terminated due to a counter offer?
When can an offer in an auction be terminated due to a counter offer?
According to the postal rule theory, when is an acceptance of a contract deemed accepted?
According to the postal rule theory, when is an acceptance of a contract deemed accepted?
Which theory applies to contracts concluded by electronic means?
Which theory applies to contracts concluded by electronic means?
According to the information theory, when does a contract come into being?
According to the information theory, when does a contract come into being?
In South Africa, which theory is generally followed to determine when a contract comes into being?
In South Africa, which theory is generally followed to determine when a contract comes into being?
In which situation does the expedition theory apply?
In which situation does the expedition theory apply?
Which theory applies to agreements concluded by data message?
Which theory applies to agreements concluded by data message?
