True/False

1.Intent to make an offer is determined by the subjective intentions of the offeror.

2.The main purpose of the Uniform Transactions Act is to give the same legal effect to electronic records and signatures as paper documents and signatures.

3.In order to be effective an offer must be communicated to the offeree.

4.An auctioneer at an auction is considered the offeror.

5.A statement of intent to do something in the future is not an offer.