Essentials of Valid Proposal in Contract Law
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Questions and Answers

What is a key requirement for a valid proposal?

  • Rejection by the offeree
  • Lack of consideration
  • Acceptance by the offeree
  • Intention to create legal relations (correct)

What would invalidate a proposal in contract law?

  • Acceptance by the offeree
  • Presence of a counter-offer (correct)
  • Lack of communication of the proposal
  • Rejection by the offeree

What role does consideration play in a valid proposal?

  • It is not required for a valid proposal (correct)
  • It demonstrates the intention to create legal relations
  • It ensures acceptance by the offeree
  • It indicates lack of communication of the proposal

In the context of contract law, which of the following is NOT a key requirement for a valid proposal?

<p>Formal written documentation (B)</p> Signup and view all the answers

What role does consideration play in a valid proposal under contract law?

<p>It emphasizes the importance of mutual exchange of value (B)</p> Signup and view all the answers

What would invalidate a proposal in contract law?

<p>Absence of legal capacity of the parties (B)</p> Signup and view all the answers

In the context of contract law, which of the following is NOT a key requirement for a valid proposal?

<p>Acceptance by the offeree (A)</p> Signup and view all the answers

What would invalidate a proposal in contract law?

<p>Invalidation by the offeror (C)</p> Signup and view all the answers

What role does consideration play in a valid proposal under contract law?

<p>It provides a benefit or detriment to the offeree in exchange for the proposal (B)</p> Signup and view all the answers

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