The following phhrase is true T or false F 1 An agreement ca

The following phhrase is true (T) or false (F)?

1. An agreement cannot occur unless there is an offer and accepptance of that offer.

2. Goods on display in a supermaket are being offered for sale.

3. An acceptance is not valid unless the offeree knows about the offer and has it in mind

4. An offer is rejected if the offeree tries to vary the condition of the offer

5. When instantaneous communication is used, a contract is made as soon as the offer is sent

6. When parties communicate by fax, acceptance cannot occur until the offeror has read the acceptance

7. An offeree who intends to accept an offer can accept through silence

8. A revocation is not valid unless it is received by the offeree

9. Under the postal rule an offer is accepted when an acceptance is posted

10. A revocation by post is valid as soon as the letter is posted.

Solution

Answer;- An agreement cannot occur unless there is an offer and acceptance of that offer.

Correct Answer:- True

Reason:- offer and acceptance are the integral part of an agreement

Answer:- Goods on display in a supermaket are being offered for sale.

Correct Answer:- True

Answer:- An acceptance is not valid unless the offeree knows about the offer and has it in mind

Correct Answer:- True

Answer:- An offer is rejected if the offeree tries to vary the condition of the offer

Correct Answer:- True

Reason:- if some changes are to be made, it should be made by having the approval of ll the parties or a new offer has to be made

Answer:- An offeree who intends to accept an offer can accept through silence

Correct Answer:- False

Reason:- Silence cannot be construed as acceptance.

Answer:- A revocation is not valid unless it is received by the offeree

Correct Answer:- true

Reason:- Revocation of an offer may be made by a communication from the offeror received by the offeree which states or implies that the offeror no longer intends to enter

Answer:- Under the postal rule an offer is accepted when an acceptance is posted

Correct Answer:- False

Reason:- By default, an option contract is accepted when the offeror receives the acceptance, not when the offeree mails it

Answer:- A revocation by post is valid as soon as the letter is posted.

Correct Answer:- True

Reason:- A revokes has proposal by post. The revocation is complete as against A, when the post is dispatched.