Which of the following statements concerning the law and contracts is correct?
Which TWO of the following are examples of valid offers?
(1) A person verbally stating to another person that they would like to sell their computer to them for £500 today
(2) A newspaper advert that states a shop is selling shoes for £20
(3) A person handing their shopping to a supermarket checkout operator
(4) A business that circulates its price list to customers
Which of the following is an example of a valid offer?
Which of the following statements regarding counter-offers is correct?
In which of the following situations will an offer be terminated?
Which of the following would be regarded as valid, binding acceptance?
Which TWO of the following statements regarding acceptance of an offer are correct?
(1) Acceptance does not need to be communicated in a unilateral contract
(2) If two identical offers between two parties cross in the post, then one will be regarded as acceptance of the other
(3) Under the postal rule, a letter of acceptance that has been posted does not have to be received by the offeror to be valid acceptance
(4) If no method of communicating acceptance is stated in the offer, then acceptance must be made by post
Which parties are bound by the terms of the tender when one party submits a tender?
In the context of contract law, a bid at an auction is which of the following?
Abe issued an invitation to tender for a contract and Bea submitted her terms.
Which of the following statements is accurate?