Easy Business law questions, I need help!!Question 11 ptsAn offer cannot be indirectly communicated to the offeree, unless by an authorized agent.An offer cannot be indirectly communicated to the offeree, unless by an authorized agent.Flag this QuestionQuestion 21 ptsOnce an offer is created it is viable until it terminates or is accepted.Once an offer is created it is viable until it terminates or is accepted.Flag this QuestionQuestion 31 pts” I offer to sell you my car for $5,000 someday” is a viable offer.” I offer to sell you my car for $5,000 someday” is a viable offer.Flag this QuestionQuestion 41 ptsA counteroffer has the same legal requirements as an offer.A counteroffer has the same legal requirements as an offer.Flag this QuestionQuestion 51 ptsA revocation can occur indirectly.A revocation can occur indirectly.Flag this QuestionQuestion 61 ptsThe “mailbox rule” states that an offer is effective when sent.The “mailbox rule” states that an offer is effective when sent.Flag this QuestionQuestion 71 ptsA counteroffer is a rejection followed by a willingness to continue bargaining.A counteroffer is a rejection followed by a willingness to continue bargaining.Flag this QuestionQuestion 81 ptsOnce an offer terminates it cannot be revived.Once an offer terminates it cannot be revived.Flag this QuestionQuestion 91 ptsThe term “ademption” can be used to explain indirect revocation.The term “ademption” can be used to explain indirect revocation.Flag this QuestionQuestion 101 ptsThere are four elements necessary to make an valid offer.There are four elements necessary to make an valid offer.Flag this QuestionQuestion 112 ptsWhich of the following is not something which terminates an offer?Which of the following is not something which terminates an offer?Flag this QuestionQuestion 122 ptsLefkowitz v. Minneapolis Surplus Store was about whether:Lefkowitz v. Minneapolis Surplus Store was about whether:Flag this QuestionQuestion 132 ptsIf a regular person makes a payment to hold an offer open for a period of time, it is called:If a regular person makes a payment to hold an offer open for a period of time, it is called:Flag this QuestionQuestion 142 ptsThe Gianetti v. Cornellie case was about what important rule about offers?The Gianetti v. Cornellie case was about what important rule about offers?Flag this QuestionQuestion 151 ptsIf there is a rejection after a prior acceptance of an offer, the first communication received is the operative one.If there is a rejection after a prior acceptance of an offer, the first communication received is the operative one.Flag this QuestionQuestion 161 ptsIf there is no time limit on an offer it will never lapse.If there is no time limit on an offer it will never lapse.
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