Other questions in this quiz

2. In which way can an offer not be terminated?

  • Counter offer
  • Requesting further information
  • Rejection
  • Acceptance

3. What is a bilateral offer?

  • The offeror makes an offer to the offeree, betweeen two parties
  • The offoror makes an offer to the offeree, sometimes to anyone
  • The offer is between 2 parties, a third party is involved

4. Which is a rule on offers?

  • Must be more than an existing duty
  • Must have economic value
  • Must be clear and certain
  • Must not be something completed in the past

5. What does consensous ad idem mean?

  • If you are already obliged to do something, you cannot charge extra
  • The revocation of an offer
  • Meeting of minds
  • No third parties can be involved
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Adrian J Watson

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