Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Welcome to... A Game of X’s and O’s Another Presentation © 2000 - All rights Reserved [email protected] 1 2 4 7 3 5 8 6 9 Scoreboard 1 2 3 X 4 5 6 O 7 Click Here if X Wins Click Here if O Wins 8 9 1 What kind of contract has no legal effect and amounts to nothing? 1 Home Void 2 What is it called when the offer is taken back? 2 Home Revocation 3 What if you want to hold an offer open for a period of time? 3 Home Option 4 How long does an offer stay open, if not stated? 4 Home A “reasonable” period of time 5 List all 6 elements of a contract. 5 Home Offer, acceptance, genuine agreement, capacity, legality, consideration 6 What kind of contract is it if it can be cancelled by one of the parties? 6 Home Voidable 7 What kind of contract is one that is stated in words and can be either oral or written? 7 Home Express Contract 8 What makes an offer enforceable at law? 8 Home Definite and certain 9 List 3 ways to terminate an offer. 9 Revocation, rejection, counteroffer, Home expiration of time, option or death/insanity