Question: QUESTION 1 (1 mark) The offer does not remain valid forever. There are several ways in which an offer may come to an end. The

QUESTION 1 (1 mark) The offer does not remain valid forever. There are several ways in which an offer may come to an end. The followings are the causes of termination of offer EXCEPT: A. Lapses of Time B. Death/Mental Disorder C. Breach of Contract D. Counter-Offer QUESTION 2 (1 mark) Which of the following is one of the requirements of a valid offer? A. An offer must be communicated B. An offer must be express in writing C. An offer must mention a time limit for its acceptance D. An offer must be made to a specific person and not randomly to the public at large

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Study Guide Strategic Business Management By A. J. Cataldo About the Author A. J. Cataldo is currently a professor of accounting at West Chester University, in West Chester, Pennsylvania. He holds a...

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

4 easy accounting questions and a comfortable due date. Sorry I can't offer any more tutor credit. Thanks in advance! :-) Question 1: A few years ago, a publishing company in the fourth quarter had a...

I would like assistance with assignment 3 and 4 on the attached document I have been struggling with the subject and its my last AUI4863/102/0/2016 Tutorial letter 102/0/2016 ADVANCED INTERNAL AUDIT...

LST2BSL Introduction to Business Law and Ethics Common Law Assignment INSTRUCTIONS 1. This assignment is worth 20% of your final mark for this subject. 2. All questions must be answered. 3. With...

5 Attraction to Groups Learning Objectives What We Will Be Investigating What makes a group work most efficiently? What techniques are available to make group members feel more as if they are part of...

Please help me use this book for citation for my essay Read the book Boss - 2014 "Moral Reasoning" Ethics for Life- A Text with Readings Ch2 CHAPTER 2 .first importance. Mo,af ReaEoning In a...

Performance Appraisal: Measurement, Assessment, and Management Chapter 7 Radius Images/Getty Images Learning Objectives After reading this chapter, you should be able to do the following: Use a...

12 Investing in Financially Distressed and Bankrupt Securities As we have learned from the history of the junk-bond market, investors have traditionally attached a stigma to the securities of...

12 Investing in Financially Distressed and Bankrupt Securities As we have learned from the history of the jurk band market, investors have traditionally attached a stigma to the securities of...

Vishal Noronha needs to prepare a valuation for Sindhuh Enterprises. Noronha has collected the following information for his analysis. It is now the first day of 2003. EPS for 2002 is $2.60 EPS will...

Go to this books Web site ( www.mhhe.com/bma ) and find the live spreadsheet for the Subductor project. Show how the value of the option to abandon changes as you change different input variables....

On December 3 1 , 2 0 2 2 , Peregrine Corporation, an accrual method, calendar year taxpayer, accrued a performance bonus of $ 1 0 0 , 0 0 0 to Charles, a cash basis, calendar year taxpayer. Charles...

GOLDS GYM: A WESTERN HEALTH CLUB IN MOSCOW The move toward a free market economy has opened new opportunities for entrepreneurs in Russia. One such entrepreneur is 23 year old Jake Weinstock. After...

6. List one and only one societal role that you wish you had performed better in. Spend the next month on a small push to improve your personal performance within this role. At the end of the month,...

9. Imagine that you have achieved the goal you set for yourself in task 8. a. What do you see in the past? b. How do you feel? c. What do you hear? d. How does this change your roles? e. How does...

8. Set a goal that you really want to achieve in the near future, lets say 12 years. How does this goal fit in relation to the form roles and values above? What role and what value was it that...