Offer & acceptance

Offer & acceptance

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1. Which of the following is not normally required for a valid acceptance?

  • Unconditional acceptance of the offer
  • Revocation of the acceptance
  • Communication of the acceptance to the offeror
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Other questions in this quiz

2. Once made, an offer can never be revoked

  • False
  • True

3. Which of the following best defines an offer

  • A promise to do something which is not intended to be legally binding but is merely intended to sort negotiations
  • A promise to do something which, if accepted, will be legally binding on the person making it but can normally be withdrawn at any time before acceptance.
  • A promise to do something which is legally binding immediately on the person making it.
  • A promise to do something which, if accepted, will be legally binding on the person making it and, once made, cannot be withdrawn.

4. The postal rule applies to

  • Communication of acceptance
  • Communication of offers
  • Revocation of offers

5. An invitation to treat is a form of offer.

  • False
  • True

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