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Offer And Acceptance

10 practice questionsBusiness LawStep-by-step solutions

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1

A counter-offer generally has what effect on the original offer?

A.It rejects and terminates the original offer
B.It automatically accepts it
C.It has no effect
D.It extends the deadline
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2

For a valid contract to form, an acceptance must generally be:

A.Partial and conditional
B.Unqualified and communicated to the offeror
C.Made only in writing
D.Kept secret from the offeror
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3

A contract that the law treats as having no legal effect from the outset is described as:

A.Void
B.Valid
C.Enforceable
D.Executed
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