Which of the following is not one of the major requirements for a contract?

an unaccepted offer may be terminated by

A firm offer is binding

There is no contract

Social arrangements

Capacity to contract means that the person

When the price is not specified in contracts between merchants for the sale of goods,

Offers that require the offeree to accept by communicating the requested promise to the offeror are

When the terms of acceptance must exactly match the terms contained in the offer, it is called

Advertisements in newspapers, radio, television, and direct mailings are considered to be

The right to withdraw an offer before it is accepted is known as

All economic activity is based upon an enforceable agreement between parties. This agreement is known a(n)

If an offeree alters the terms of the offeror's terms, which of the following results?

Key elements in undue influence are unfair persuasion and

A mistake from failure to read a contract before signing is called

Disclosure is required when a statement

When both parties have an incorrect belief about material facts relating to a contract, what occurs?

In the case of fraud, what remedies are available to the injured party?

An untrue statement is not material if

If Rosa knowingly convinces Eric to sign a sales contract in which information in the contract is incorrect, what has occurred?

Teachers: Create FREE classroom games with your questions Click for more info!
©2007-2024 Review Game Zone | About | Privacy | Contact | Terms | Site Map