Chapter 7 Law

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

A promise that can be enforced in a court is called a

(a) Contract

According to the mirror image rule, when accepting an offer, it must be:

(a) In absolute agreement with each and every term of an offer.

An executed contract is

(a) One that is fully performed

Whether or not a reasonable person would believe an offer has been made is called:

(a) The reasonable person standard

Silence is rarely an effective acceptance of an offer because an acceptance must be:

(a) communicated

the "master of the offer" is the

(a) offeror

A contract imposed by the court to prevent unjust enrichment is called:

(b) A quasi contract

In forming a contract, either online or in writing, the party accepting the offer is called the:

(b) Offeree

When a promise is given in exchange for a future performance of an act, it is called a:

(b) Unilateral contract offer

If a court decision or statute makes the subject matter of an offer illegal, the offer

(b) is immediately terminated

Rejections are effective to terminate offers when they are:

(b) received by the offeror

If the offeror of a unilateral contract proposes acceptance by performance:

(b) then only performance can operate as an acceptance

When an offeror makes an offer, and the offeree accepts the terms of that offer, it is called:

(c) Mutual assent

if the offer and acceptance contain different or conflicting terms, a contract is

(c) formed, but the conflicting terms do not become part of the contract.

A receipt from the post office that an acceptance was mailed will prove that a contract exists according to the

(c) mailbox rule

The difference between an expressed contract and an implied contract is:

(c-a&b) An expressed contract is stated in words and an implied contract is manifested by conduct

a contract is

(c-a&b) an agreement to do or not to do a certain thing enforceable by the courts

damages may require

(c-a&b) the payment money enforceable by the courts

Moral promises are

(d-a&b) Not binding and not enforceable

Acceptance under the "mirror image rule" must be:

(d-all) Unequivocal, unqualified, and in absolute agreement with each and every term of the offer.

standard clauses in contracts are often referred to as

boilerplate clauses

When using an online site, if a person is required to click the "I agree" box before continuing, it is called a

clickwrap agreement


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