29. W hich of the following is not a required element of a valid offer? a. Reaso

Question

29. W hich of the following is not a required element of a valid offer? a. Reasonably definite terms b. Communication to the offeree. c. A written document setting forth offer terms d. Intent by the offeror to be bound. e. Serious intent by the offeror. 30. The terms that would allow a court to determine what the damages would be in the event that one of the parties breaches the contract, are the terms of the contract. a. Significant b. Identifiable c. Adequate d. Material e. Important Which of the following is an offer made by an offeree to an offeror relating to the same differing from that proposed by the ori 31. matter as the original offer and proposing a substituted bargain ginal offer? a. A bilateral offer b. An acceptance c. A cross offer d. A counteroffer e. A revocation

Explanation / Answer

Answer

29) C: a written document setting forth the offer terms.

30) D: Material.

31) D: A Counteroffer.

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