Mastering Offers and Communication in Commerce
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Questions and Answers

What is an offer/proposal?

  • When one person asks another person to do something for them.
  • When one person communicates their desire to enter into a contract with another person.
  • When one person expresses their final willingness to accept an invitation from another person.
  • When one person signifies to another is willingness to do or abstain from doing anything with a view to obtaining the consent of the other to such an act or abstinence. (correct)
  • Which of the following is NOT an essential or legal rule of a valid offer according to the text?

  • The offer must be made with a view obtaining consent of the offeree.
  • The offer must be communicated to the other party.
  • The offer must be distinguished from an answer to a question. (correct)
  • The offer must have its terms and condition definite and clear.
  • What is one of the legal rules of a valid offer?

  • The offer must have its terms and condition definite and clear. (correct)
  • The offer must be made with a view obtaining consent of the offeree.
  • The offer must express final willingness of the offeror.
  • The offer must be communicated to the other party.
  • What must an offer be capable of creating?

    <p>A legal relationship.</p> Signup and view all the answers

    How should an offer be distinguished from an invitation to receive an offer?

    <p>An offer must be distinguished by its final willingness to accept an invitation, while an invitation to receive an offer is a request for others to make offers.</p> Signup and view all the answers

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