BUSI 2301 - Week 3 Quiz copy.docx - Week 3 Quiz Chapter 9 1...

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Week 3 - Quiz Chapter 9 1. For the purposes of determining whether a party had a contractual intention, why do courts employ an objective rather than a subjective test?
2. Why is it said an offer is a “manifestation” of willingness to enter into a contract? If you are not willing to enter a contract, then you would not make an offer. You are showing that you are open to a contractual agreement with certain terms by making an offer. How could willingness be “manifested?”
3. What are the seven ways an offer can terminate? Saylor URL: Saylor.org page 323
4. When is an offer generally said to be effective? A rejection of an offer? counteroffer? A
Chapter 10 1. What are the elements necessary to support a claim of undue influence?

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