Practice - Offer & Acceptance
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
Define an offer in your own words.
💡 Hint: Consider what a person must do in order to enter a contract.
What is unconditional acceptance?
💡 Hint: Think about what makes acceptance valid.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
Which of the following is not a requirement for an offer?
💡 Hint: Remember the key elements of a valid offer.
True or False: Silence constitutes acceptance in all cases.
💡 Hint: Reflect on when silence may be considered acceptable.
1 more question available
Challenge Problems
Push your limits with advanced challenges
A buyer offers to purchase a house, but the seller responds that they would only sell it with a renovation included. Is this a counter-offer or acceptance?
💡 Hint: Reflect on the differences in responses to original offers.
John offers to sell his bike for $200. Sam responds with a new offer of $150. What is the status of John's original offer?
💡 Hint: Consider how negotiation alters contractual terms.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.