Quiz for:
Contract Formation: Key Elements

Question 1

Which of the following does NOT constitute an offer?

Question 2

What could accidentally lead to contract formation?

Question 3

What must be present in both parties to create legal relations under contract law?

Question 4

What is an essential characteristic of an offer?

Question 5

Can an inquiry or request for information qualify as acceptance?

Question 6

Can contracts be oral?

Question 7

What is the role of the offeree in contract formation?

Question 8

Does a request for information legally change terms of an original offer?

Question 9

What constitutes a valid acceptance in contract formation?

Question 10

What might be an example of consideration?

Question 11

What does 'subject to contract' indicate in a negotiation email?

Question 12

Why is it advisable to use 'subject to contract' in email negotiations?

Question 13

Who is responsible for making an offer in a contract?

Question 14

What happens if the offeree changes terms or makes a counter-offer?

Question 15

In the context of contract law, what is consideration?