Copy and Edit

Contracts - Offer & Acceptance

Description

Multiple Choice Questions
Sarah.M.Guevara
Quiz by Sarah.M.Guevara, updated more than 1 year ago
Sarah.M.Guevara
Created by Sarah.M.Guevara almost 9 years ago
748
1
0

Resource summary

Question 1

Question
If it reasonably appears that the parties intended to make a valid contract, a court may apply the presumption that the parties’ intent was to include a reasonable term to rectify any __________ term.
Answer
  • Missing
  • vague

Question 2

Question
If the parties to an otherwise valid contract have included a term that is too vague, __________.
Answer
  • The contract will be unenforceable unless the vagueness can be cured
  • The contract is enforceable.

Question 3

Question
A vague term in a contract can be cured by __________.
Answer
  • part performance
  • complete performance

Question 4

Question
The mirror image rule requires __________.
Answer
  • An absolute and unequivocal acceptance of each and every term of the offer
  • A counter offer

Question 5

Question
When a contract for the sale of goods is missing the price term, __________.
Answer
  • the price will be made using the fair market value
  • the price will be a reasonable price at the time of delivery go to explanation

Question 6

Question
Under Article 2, when an offeree proposes additional or different terms as part of an otherwise valid acceptance, the acceptance __________.
Answer
  • is valid
  • Is effective, unless the acceptance is expressly made conditional on assent to the additional or different terms
  • becomes a counter offer

Question 7

Question
Under Article 2, when an offeree proposes additional or different terms during acceptance, the court will apply __________ to determine whether the additional or different terms become part of the contract.
Answer
  • the mirror image rule
  • the battle of the forms provision
  • quasi-contract

Question 8

Question
Once an offeree begins performance in response to an offer for a true unilateral contract, __________.
Answer
  • The offer becomes irrevocable
  • The offer is invalid
  • The offer can still be revoked by the offerer

Question 9

Question
An agreed upon price is a necessary element for a valid __________.
Answer
  • bilateral contract
  • real property contract
  • unilateral contract

Question 10

Question
Article 2 has abandoned the __________, in favor of the __________.
Answer
  • Battle of the forms provision; mirror image rule
  • Mirror image rule; battle of the forms provision

Question 11

Question
In an auction __________, once the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time.
Answer
  • Without reserve
  • With reserve

Question 12

Question
Generally, whether a communication is deemed an offer depends upon __________.
Answer
  • the objective or apparent intention of the offeror to make an offer
  • the subjective intention of the offeror and the offeree

Question 13

Question
In an auction __________, the auctioneer may withdraw the goods at any time until he announces completion of the sale.
Answer
  • With reserve
  • Without reserve

Question 14

Question
When can an offeror properly revoke an offer for a unilateral contract?
Answer
  • Anytime after the offeree has begun performance.
  • Anytime before the offeree has begun performance
  • After performance is complete

Question 15

Question
An offer for a unilateral contract can be accepted by __________.
Answer
  • Full performance only
  • Partial performance

Question 16

Question
Which of the following would satisfy the mirror image rule?
Answer
  • A grumbling acceptance
  • A partial acceptance
  • A expressly conditional acceptance

Question 17

Question
When might a court utilize an Article 2 “gap filler”?
Answer
  • When the price is not included in a contract for the sale of goods
  • When a word is vague

Question 18

Question
Under Article 2, when a merchant responds to an offer to buy goods by simply shipping similar, but nonconforming, goods, that shipment is considered __________.
Answer
  • an acceptance
  • an acceptance and a breach of the contract
  • a counter offer
  • a breach of contract

Question 19

Question
Traditional contract law insisted on an absolute and unequivocal acceptance of each and every term of the offer. This concept is commonly referred to as:
Answer
  • The mirror image rule
  • The battle of the forms provision
  • The mailbox rule

Question 20

Question
A quasi-contract is __________.
Answer
  • Formed by a court to avoid unjust enrichment
  • Formed by conduct, rather than language
  • Formed by language, oral or written
Show full summary Hide full summary

Want to create your own Quizzes for free with GoConqr? Learn more.

Similar

How the European Union Works
Sarah Egan
How Parliament Makes Laws
harryloftus505
European Union Quiz
Sarah Egan
Bill or Hillary Clinton?
50/50quizzer
International Institutions - International Law
Annie May Jackson
General Notes
Charlotte Peacock
HUMAN RIGHTS
Annie May Jackson
International Institutions - The United Nations
Annie May Jackson
International Institutions - Democracy and Globalisation
Annie May Jackson
Welfare and New Liberalism General Notes
Charlotte Peacock
International Institutions - Transforming the Nature of Sovereignty
Annie May Jackson
Browse Library