1. Question :
A voidable
contract:
Must be in writing.
May be rejected by both parties.
Gives one party the choice to abide by it or
reject it.
Is never effective.
Question 2. Question :
Only the
promisor needs to supply consideration to have an enforceable contract.
True
False
Question 3. Question :
When a
contract is required to be sealed, no substitute for an actual seal may be
used.
True
False
Question 4. Question :
An offer can
be accepted:
In any manner the person receiving it chooses
to accept it.
By putting a properly mailed acceptance in a
mailbox.
Only by the same means by which the offer was
communicated.
By fax only if it is received by fax.
Question 5. Question :
When an offer
is made:
It can be accepted within ten days.
In no state can it be revoked when it is
contained in a sealed writing.
It can be revoked even if the offeror has
promised to keep it open.
It may be revoked only at the end of three
months.
Question 6. Question :
A sales
letter is an offer if:
The wording is such as to indicate that the
writer is merely trying to evoke an offer on certain terms.
It is a circular sales letter.
It is an advertisement.
It is a personal sales letter containing an
offer.
