Question

1) Rejection of an offer terminates the offer, so that it may not later be accepted.

True

False

2) Generally an offer may be withdrawn at any time before acceptance.

True

False

3) An offer can be oral or in writing.

True

False

4) Advertisements are generally not offers.

True

False

5) Offers to enter a unilateral contract require an act.

True

False

Answer 1

1. True.

As mentioned, the offer gets terminated once the offeree rejects the offer and will not be accepted later.

2. True

As per contract law, an offer can be revoked before it gets accepted by the offerer and it has to be communicated to the offeree.

3. True

Yes, an offer can be either oral or in writing

4. True

Generally courts do not consider advertisements as offers. They are consideres to be invitations to begin negotiations.

5. True.

The unilateral act requires an act rather than promise for the acceptance of an offer.