Tag (SQ): Contract Formation

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BCL – L1 – SA – Q47 – Contract Law

Definition of a counteroffer in contract law.

There is a counteroffer when–

A.   The offeree gives conditions for acceptance or introduces a fresh term in acceptance.

B.   The offeror makes a fresh offer

C.   The offeree makes some query

D.   The offeree accepts it

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BCL – L1 – SA – Q41 – Contract Law

What constitutes an offer in a contract.

Which of the following result in an offer-

A.   A declaration of intention

B.   An invitation to offer

C.   An advertisement offering reward to anyone who finds lost dog of the advertiser

D.   An offer made in a joke

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BCL – L1 – SA – Q19 – Contract Law

Evaluates if a letter about a watch is an offer.

Jackson Jewellers wrote to Miller, “We have received an exceptionally self-winding Rolox watch which we will sell to you at a very favourable price.”

A   The letter is an offer to sell.

B   A valid offer cannot be made by letter.

C   The letter contains a valid offer which will terminate within a reasonable time.

D   The letter lacks one of the essential elements of an offer.

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BCL – L1 – SA – Q18 – Contract Law

Assesses if a letter constitutes a valid offer.

Barnes wrote Morgan, “I will sell you my house and lot at 123 East Elm Street, Accra, Ghana for $950,000 payable upon merchants.” If the letter contains terms which are deemed sufficiently certain and definite, which of the following statements is correct?

A   Barnes’ letter is not an offer unless Barnes intended it to be an offer.

B   Barnes’ letter is not an offer unless Morgan thought Barnes intended to make an offer.

C   Barnes’ letter is an offer if a reasonable person with full knowledge of the circumstances would be justified in thinking it was intended as an offer.

D  Morgan would be justified in thinking it was intended as an offer.

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Title: BCL – L1 – Q20 – Contract Law

Advise Mercy on her contractual rights after a job offer was withdrawn and a lower-paying job offered.

After successfully going through the recruitment and selection, Mercy was verbally requested to start work on a specified date as Operations Manager. Mercy reported as requested and was again asked to wait while her office was being furnished. She was given another date to report and commence work. When she reported on the said date, Mercy was informed that the job was no more available but there was another job with a lower salary which was available immediately. Mercy was informed that she had two (2) days to accept the offer.

Required:

Mercy has approached you to advise her on her contractual rights.

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