Question: NO STATEMENT TRUE FALSE 1 An agreement not enforceable by law is said to be void. 2 Certainty is not the main element of a

NO

STATEMENT

TRUE

FALSE

1

An agreement not enforceable by law is said to be void.

2

Certainty is not the main element of a valid contract.

3

A contract cannot be made in an oral form.

4

Unilateral contract involves a contract between two or more people whom have been already identified.

5

Selling and buying everyday products will be considered as a form or contract.

6

Postal Rule in acceptance means that the acceptance is completed when the letter containing such acceptance is posted from the offeree.

7

A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not afterwards.

8

A domestic agreement indicates that the party to a contract has the intention to create legal relation.

9

A general rule states that a contract without consideration is void.

10

Communication of an offer is completed when it comes to the knowledge of the person to whom it is made.

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