In relation to acceptance through instantaneous forms of communication, where have the courts held the contract to have been formed?Group of answer choicesThe place where the offeree is based when deciding to accept the offerThe place where the acceptance is sentThe place where the parties choose to selectThe place where the acceptance is received

When does a contract become legally binding?Group of answer choicesas soon as an offer has been acceptedAt midnight on the day it was madewhen there is an offer rather than an invitation to treaton a date agreed by the parties

Define the legal principles of contract formation: offer, acceptance, and consideration.

The case Moheri Bibi v/s Dharmodas Ghose deals with*Communication of offerCommunication of acceptanceA minor agreementFraud

Which of the following is true? Group of answer choicesunder the modern trend and the UCC, when an “acceptance" contains only very minor variations from the offer, the acceptance is valid. if an offer says that the offeree "may respond by mail," a mailed acceptance is good upon receiptwhen an offeree's form acceptance to a form offer for the sale of goods contains different items from those in the offer, the acceptance is never enforceableif a mailed offer says nothing about how to accept, only a mailed acceptance is good

Idea that an offer must be complete in order for it to be accepted and form a valid contract.Choose matching termCommunication to the offerorCompletion of offersPositive formPost box rule