Law of Contract

Which are the essential elements of a valid contract?

1. Offer, signature and stamp duty only
2. Offer, acceptance, consideration, intention to create legal relations and capacity
3. Acceptance and payment only
4. A lawyer and a written document

Goods displayed on a supermarket shelf are usually:

1. An offer
2. An invitation to treat
3. An acceptance
4. A binding contract

Which case held that the display of medicines in a self-service shop was an invitation to treat?

1. Pharmaceutical Society of Great Britain v Boots Cash Chemists
2. Donoghue v Stevenson
3. Hadley v Baxendale
4. Carlill v Carbolic Smoke Ball Co

Carlill v Carbolic Smoke Ball Co (1893) established that:

1. An advert can be a unilateral offer to the whole world
2. Adverts are never offers
3. Consideration is not needed
4. Acceptance must be in writing

To be valid, an acceptance must be:

1. Conditional
2. Silent
3. Unconditional and match the terms of the offer
4. Made by a third party

What is the effect of a counter-offer?

1. It creates a contract on the original terms
2. It rejects the original offer, which cannot later be accepted
3. It has no effect
4. It accepts the original offer

Under the postal rule, an acceptance sent by post is complete when:

1. It is received
2. It is posted
3. It is read
4. The offeror replies