An offer may be defined as a statement of willingness to contract on specified terms made with the intention that, if accepted, there will arise a binding contract.

Question

BlackTom AI · Accepted Answer

Consider the statement about an offer in contract law. 
Option 1: True. This aligns with the classic definition of an offer: a statement of willingness to contract on specified terms, made with the intention that, upon acceptance, a binding contract will arise. The key elements here are (a) willingness to contract, (b) specified terms, and (c) intention that a contract forms if accepted. When these elements are present, the statement can be considered an offer capable of immediate acceptance to form a contract. 
Option 2: False. This would only be correct if the statement failed to meet one or more essential elements. For example, if the terms were not clear or definite, or if there was no intention to create legal relations upon acceptance, then it would not constitute an offer. In many real-world contexts, expressions of interest or invitations to negotiate are not offers, but the given sentence specifically includes the core features that define an offer. Therefore, labeling it as false would mischaracterize the classic concept of an offer unless those essential elements were absent.

An offer may be defined as a statement of willingness to contract on specified terms made with the intention that, if accepted, there will arise a binding contract.

查看解析

登录即可查看完整答案

类似问题

A key element of a valid offer is the intent : The offeror must genuinely intend to be legally bound if the offer is accepted.

Advertisements are often invitations to make an offer. In most cases, we are still at preliminary stage and therefore we are not in front of a valid offer.

Advertisements are often invitations to make an offer. In most cases, we are still at preliminary stage and therefore we are not in front of a valid offer.

An offer may be defined as a statement of willingness to contract on specified terms made with the intention that, if accepted, there will arise a binding contract.

April put an advertisement in the newspaper advertising the sale of her computer for $500. Simultaneously, six people responded to the ad by mail with formal written acceptances. April is bound on all six contracts to sell her computer for $500.

When Olga asks Sven if he wishes to sell his Harley motorcycle, he replies that he would not sell it "for less than $2,000." Olga replies, "I accept," and hands him $2,000. A contract exists.

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单