Blaw Flashcards
1
Q
The three required elements for a valid offer include:
A
Intention – The offeror must have a serious intention to enter into the agreement.
Definiteness of Terms
Communication – The offeror must communicate the terms of the agreement to the offeree.
2
Q
one party makes an offer for which the other party must accept by action, not words. As a result, the required action is the method of acceptance.
A
Unilateral
3
Q
For example, Barry tells Olivia, his neighbor’s daughter, that he will pay her $50 if she pulls weeds and trims the bushes in his yard. When Olivia comes to Barry’s house and begins the work, she has accepted his offer with her actions.
A
Unilateral
4
Q
A