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Questions and Answers
What terminates an offer by cancellation of the possibility of acceptance?
What terminates an offer by cancellation of the possibility of acceptance?
- Revocation by the offeror
- Acceptance by the offeree
- Rejection or counter offer (correct)
- Unilateral contracts
According to the common law principle, what can revoke an offer despite a promise to keep it open?
According to the common law principle, what can revoke an offer despite a promise to keep it open?
- Revocation by a reliable third party
- Communication of rejection
- Revocation by the offeror (correct)
- Unilateral contracts
In which case can a reliable third party communicate the revocation of an offer?
In which case can a reliable third party communicate the revocation of an offer?
- When the offeror is unavailable
- When the offeror personally informs the offeree
- When a counteroffer is made
- When the offeree accepts the offer (correct)
What could potentially cause problems related to revocation in contracts?
What could potentially cause problems related to revocation in contracts?
Which event effectively cancels out the possibility of acceptance of an offer?
Which event effectively cancels out the possibility of acceptance of an offer?
Which scenario would make an offer incapable of acceptance?
Which scenario would make an offer incapable of acceptance?
In which case may an offer lapse due to the passage of time?
In which case may an offer lapse due to the passage of time?
What does the two contract theory imply?
What does the two contract theory imply?
When does an offer become incapable of acceptance if it is conditional?
When does an offer become incapable of acceptance if it is conditional?
Under what circumstances can an offeree validly accept an offer after the death of the offeror?
Under what circumstances can an offeree validly accept an offer after the death of the offeror?
Why might an offer terminate automatically?
Why might an offer terminate automatically?
How is an offer defined?
How is an offer defined?
What is a crucial requirement for a valid offer?
What is a crucial requirement for a valid offer?
In Taylor v Laird (1856), why did the owners not have to pay for the master's assistance?
In Taylor v Laird (1856), why did the owners not have to pay for the master's assistance?
How can an offer be communicated according to the text?
How can an offer be communicated according to the text?
In Carlill v Carbolic Smoke Ball Company (1893), what did the defendants offer in their advertisement?
In Carlill v Carbolic Smoke Ball Company (1893), what did the defendants offer in their advertisement?
What should be done for the other party to accept or reject a valid offer?
What should be done for the other party to accept or reject a valid offer?
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