false
The offeree has the power to create a contract by accepting the offer.
true
The making of an offer occurs prior to the formation of a contract.
true
Objective intent refers to the actual intent of a particular person.
false
An offer made in jest, where a reasonable person would conclude that it was made in
jest, cannot result in a contract.
true
An offer made in anger, where a reasonable person would not have known that it was
made in anger, cannot result in a contract.
true
The effectiveness of an offer is partially dependent upon whether or not it has been
communicated to the offeree.
true
Where the terms of an offer are indefinite, the court can supply a missing term if a
reasonable term can be implied.
true
Under modern law, the court can supply a missing contract term if a reasonable term
can be implied.
true
An offer is considered communicated to the offeree so long as it has been
communicated to the offeree in some way by someone.

false
The communication of an offer can be made by the offeror or the offeror's agent.
true
Generally, advertisements, catalogs, price lists, etc. are not treated as offers.
true
An advertisement reading, "Our last Trailconquerer XL100 mountain bike, stock number
T990234, will be sold to the first buyer with $700," would not be treated as an offer.
false
Reward offers are offers to enter into a unilateral contract.
true
To be entitled to collect on a reward offer, a person need only perform the requested
act.
false
In an auction without reserve, the seller is the offeror.
true
In an auction without reserve, the seller must accept the highest bid and cannot
withdraw the goods from sale.
true

You've reached the end of your free preview.
Want to read both pages?
- Summer '17
- William F. Carmody