GBS205 Study Guide: The Agreement - Question 1 1 1 pts In interpreting an agreement courts generally apply a subjective standard True False Question 2 1

GBS205 Study Guide: The Agreement - Question 1 1 1 pts In...

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Question 11 / 1 ptsIn interpreting an agreement, courts generally apply a subjective standard. TrueFalse Question 21 / 1 ptsIf, after a reasonable time, an offeree does not fulfill the terms of an offer, then it may be revoked.
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Question 31 / 1 ptsAccording to the mirror image rule, a response to an offer can change its terms.
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Question 41 / 1 ptsIf an acceptance that requests a change or an addition to the offer does not require the offeror's assent, then the acceptance is valid. Question 51 / 1 ptsFor unilateral contracts without notification, the offeror may, after a reasonable time, treat the offer ashaving lapsed.
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TrueFalse Question 61 / 1 ptsThe estate of a deceased person cannot be held liable on a contract made by the person before death.
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Question 71 / 1 ptsA promise cannot be made to one person who is not expected to do anything in return. Question 81 / 1 ptsAs per the mailbox rule, an acceptance is effective when it is dropped in the mail by the offeree.
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IncorrectQuestion 90 / 1 ptsA record or signature is denied legal effect or enforceability solely because it is in electronic form. True
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False Question 101 / 1 ptsIf a faxed document is sent but for some reason not received or not noticed, the emerging law is thatthe mailbox rule does not apply. Question 11 1 / 1 pts
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Acceptances are considered effective when mailed, regardless of the method used to transmit the offer.
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